A very difficult situation. I agree completely about the "lack of excitement" this time. It makes it "feel" a lot different than 2017. That was a frenzy, this seems more targeted.

It makes sense since institutions rarely advertise what they are doing ahead of time or take to social media advertising what they do. Sure some came out telling everyone what they did but I would say there are a lot more that are buying yet not going public.

For this reason, you are probably right about this having a long way to run. The retailer buyer is not driving this yet we know they will get in at some point. History says it will usually at the top.

As for the alts, I think it will be a very specific move up. Not all coins will benefit like last time. I think it will be ones that have serious projects behind them and a real utility.