I’ve never seen sentiment this lost about the market
I’ve never seen sentiment this lost about the market
Everybody’s skeptical atleast on twitter and about “what’s next”… meanwhile I’m sitting here thinking this is the most obvious bull setup I’ve ever witnessed BTC is literally mirroring March 2020 . Small dip > recovery > BTC and alts rally together…
All of crypto twitter is obsessing over Iran/Israel situation and how it’s gonna crash everything… but they’re looking at this way too narrow. This exact same shit happened before… it’s just repeating if you zoom out far enough Current geopolitical mess is subsequel to COVID crash but different flavor. Yeah obviously war tensions and pandemic panic are different things… but the market reaction is pretty much identical:
Sharp selloff from fear
Everyone goes risk-off mode
Global uncertainty hits markets
Quick recovery once the fear subsides
The catalysts are already aligning For this rally to really take off we need bullish catalysts that kill the uncertainty.
Gees. Sentiment is only ever positive in the middle of a banana zone bull market. And even then it’s full of stress – is it over/ am I too late/ have I missed it/ when will it crash.