Crypto does not see the bottom, but we are sure that it is useful

Crypto does not see the bottom, but we are sure that it is useful June 13 is already being called Bloody Monday: another stablecoin lost contact with USD, several crypto exchanges suspended operations with BTC, and several global projects were on the verge of bankruptcy. But the panic only intensifies  so what to do?Altcoins are having a hard time with the bear market. Bitcoin has already lost over 60% and Ethereum 70% from last year's highs; a fresh negative was brought to the market by USDD stablecoins of Tron network and Terra project (LUNA).Coinbase lays off 20% of employees; public holder MicroStrategy (NASDAQ:MSTR) has already recorded losses of $1 billion.Mining companies have already moved from hoarding to selling BTC due to a lack of funds to cover operating costs. And shortly, a series of mergers and acquisitions are expected in the crypto-economic sector.Reason for any losses in the crypto market is massive over-optimism. More than 90% of projects, even the hype FLOW or Acala, are just a weak version of more successful ideas (Ethereum, Uniswap etc), so their tokens risk not being able to compete. A drop in capitalization is a standard stress test that will weed out weak companies and projects, and the current situation is an excellent chance for a full-fledged analysis and adjustment of investment strategies.If you are not a market maker with trillions of resources, then any crypto should be used only for medium-term investments. During periods of instability, it is worth getting rid of most of the altcoins, otherwise, tokens with a vague outlook will quickly eat up your capital.Now options for bitcoin are focused on the strike of $20,000-19511 zone, but still, assets involving BTC and ETH have the maximum chance to survive the fall. You just need to buy carefully, with mandatory hedging. In the spot market, brave speculators can sell short-term  pessimists expect a drop to $10,000.And for those who no longer believe in bitcoin, it is worth moving the capital to less dangerous assets. For example, in oil futures.Profits to y'all!