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.
I don’t think the things are good and I don’t mean only the crypto market. All markets are at their highs but the economy doesn’t feel like it. I think we desperately need the profits from the markets (capital gains) because our income from employment seems to constantly be shrinking (in real terms). So we’re into this culture of getting out of breath in order to be able to pump the balloon. Save as much as possible and throw it in the markets.
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.
The macro set up is definitly bullish for the incoming months. Stack sats