TL; DR
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Remember that a 10-30% drop is normal in a bull run, that we are still ahead of schedule when it comes to price action, and that sideways prices are an opportunity to hit the turf.
Full story
We’re going to keep this short and sweet because that first article was a DOOZY.
We’ve noticed a trend, and we can’t say if it’s just Crypto Twitter being Crypto Twitter, or if it’s a broader reflection of the current mood of the broader crypto space…
The trend is that we’re seeing a number of “the market has peaked, we’re now in a bear market” shots.
Which may be true (we don’t have a crystal ball) — but it probably isn’t.
So this is a public service reminder that:
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A 10-30% drop in crypto prices is normal during a bull run.
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We are still ahead of schedule in price appreciation (compared to previous bull runs).
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Sideways price action (as we’re experiencing now) is boring, yes – but it’s an opportunity to switch off for a bit and hit some turf.
Okay, that’s it.
That’s the article.
