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They wont want to over regulate the ''alt market''. It provides hype, interest and liquidity from retail which can further fuel BTC and ETH. My view is that alts (in their thousands) are here to stay - just how they are regulated will change and this will kill only a proportion of them.

In summary..Bitcoin ETFs (institutional buying) + upcoming Bitcoin halving (amount of BTC reduces). Also have Eth ETF possible approvals later this year.

https://finance.yahoo.com/news/blackrock-filing-bitcoin-etf-application-162706451.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAJKqPO9Cz3wwuD32DFJXMGaIpZbq2fkTPLGIOLRWfrLZfpkwps8RVuG5BKomK7Y2hbxqk0Y8oC_OJdwStGWkoFuB3PyspmTA3kB05vSmzORfU75hjk22lfTAJY99mwfU5...

Not advice but if that far down, consider holding until next bullmarket. Generally speaking hold higher % of blue chips - e.g Eth and BTC

One of the most interest aspects I think of crypto is the Defi element. The fact that you can earn up to 10%+ return on usd backed stable coins or provide liquidity to exchanges for higher returns of 30%+. You can get insurance on this as well. I imagine rates will reduce over time but how...

It may well pull back again - 20/30% more than once..... but the fundamentals are very different this time. Last time at this price the driver was retail - this time institutions are allocating into Bitcoin with much deeper pocket. In the coming years a multi trillion market cap on Bitcoin...