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Just a Guy In The Onchain World
@hoveryl
2021 version of crypto was the peak of PVE, I don't think it will ever happen again. Pumpfun ruined our idea of bullrun and fueled PVP at a full-scale Will we get another fun time in crypto? The chances are slim at best
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@juli
it's all waves. We go from extreme to extreme, some waves are fast, others are slow, sometimes it takes a while till the next one hits..
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Just a Guy In The Onchain World
@hoveryl
So what's your timeline prediction for the next wave?
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@juli
Spx has been selling hard for weeks, crypto even since early december, wouldn't be surprised to see btc, eth & co pump harder when spx turns around at 5200, 5000 or 4600. but wave guessing is hard when you're not watching the ocean 😆 pure guessing because I don't know what's happening with tariffs in the next weeks or maybe it takes months for the investing climate to look better (we got lower long term yield already, maybe soon also lower short-term yield, and some new juicery for business - whether that's lifting some tariffs or govs supporting local business; just wouldn't want to see more fear of a recession which could lead to another strong selloff before more money is handed out to solve the issue again). just a feel.. all of crypto sold off hard incl better assets and there's not many sellers left in select assets that are easy to buy now for all kinds of investors..
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Just a Guy In The Onchain World
@hoveryl
In summary, you are saying that we've almost bottomed out but Trump's new policy can make us dio further but all things being equal, we might have a relief rally pretty soon?
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@juli
Yep, Should prob not listen to me though as I've been waiting for a relief rally for a while. That said, too many niche cryptos, random infra projects extremely far out on the risk curve got billion $ valuations. We should see a) disperision of select good assets and bad assets continue trending to 0 and b) more interest for solutions with real world impact. however, if things turn around, the most idiotic things will do well too, and / or can get a pump when they are in the right ecosystem. Trump + Powell are playing powerball. Other countries just gotta suck it up and make the best out of the situation instead of worsening it now.
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