At the moment we are Kinda in no mans land which is what is most worrying. The other thing is im getting this 2013/2014 vibe where i witnessed litecoin after the massive spike to 48 dollars and then fumbling around slowly dropped back to 1.2 dollars. That is a massive massive draw down, and i get this feeling that this bear market will be worse than the last, which as we both know was brutal.
The thing most people dont seem to understand is this market only survives on surprises. The expectation for 2022 was ridiculous and so to is this notion that crypto will make everybody rich, that Bitcoin will only go one way, that ETH will only go one way. This is why this market is going to surprise people, just like EOS when everyones dad was getting in thinking it was going to make them millionaires. Its just not how it works and from my point of view crypto in general is out of the bag, the dumb money is truly here now and the market is going to bend them over and spank them full of surprise.
Saylor is not a genius, Raul Paul is not a genius they are just people with lots of money. Max Kieser is a genius, Tim draper is a genius because they saw it coming, they saw Saylor and everyone coming a mile away years ago.
All im saying is be ready for a pretty dull time and maybe next bull market when the expectations are lower since this bull was pretty tame then maybe it will surprise and do a leveraged bull market. But on the other hand there is this law of diminishing returns and i think personally the golden era is over. We could be in for a DOT.com style crash. The drop in tech stocks would agree that the hype is over.
RE: Dropped from up High