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healthy buddy
@cigz
Some thoughts on the current crypto cycle: There has been barely any new retail coming into crypto. It's been mostly ETF buyers and previous cycle participants redeploying and going out the risk curve. Most crypto market participants missed the Bitcoin ETF run due to PTSD (post-traumatic stress disorder). Too many then went all in on altcoins, to compensate for the missed bull run. They deployed late and poorly, going in larger at higher levels, and are now seething and at a loss, as too many altcoins have given up their entire 2024 gains in the last month.
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