Fear market
Fear market
Let’s call it what it is.
Household debt is the highest it’s ever been. Wages haven’t moved. Everything gets more expensive. Trump is trying to start WW3 every single way he possibly can. Americans are broke and scared. Every single morning when the US comes online the sell pressure skyrockets.
Everyone is scared to invest in this asset class right now and it’s showing. We have a mountain of bullish news and the market can’t get ahead because of all the uncertainty America is causing the world right now. Markets don’t like uncertainty they like visibility. Trump is ruining the markets and he’s going to make Americans even more broke than they already are.
Buy the fear, sell the greed.
Definitely agree with the markets being more fearful than greedy. I think the new bills and sentiment on crypto is bullish overall in the long-term, however, in the short-term we may see dips as big institutions are trying to stock pile BTC or ETH. They don’t want to buy these coins at ATH prices, therefore, doing everything they can to push the prices lower to get in at a lower cost. Once these big institutions are comfortable with the amount of digital assets they have, then they will try to push prices higher than where they’ve bought it.