
Sway
4.1K posts







best part about crypto flipping bullish here is how many longtime believers are in disbelief + underexposed to the asset class they spend the most time on all the ingredients for a hated rally higher




$OTHERS You've just been through a historic 4 year altcoin bear market.






Pictures and biographical information from Norden’s LinkedIn and social media closely matched information that HowlingMutant had posted, including employment history and living in New York.








1. BTC does not bottom when everyone thinks the bottom is in. Why? Because sentiment suggests the average investor is *already allocated* (liquidity is on the sell side of the equation). Instead, BTC historically bottoms when the market is already sold off, and the average investor thinks we're going lower. Again, because sentiment is telling you that the average investor sold and thinks we're going lower (liquidity is on the buy side of the equation). 2. Spot volumes typically increase *later in bear markets.* --- What I see right now is 1) rising conviction that the bottom is in (signaling that investors are long), 2) very low trading volumes (similar to what we saw before further moves down in '22). --- I'm sharing a full update covering the ongoing bull/bear battle at this stage of the cycle on Wednesday + how I'm playing it. If you'd like to have the latest research hit your inbox when it's published, you can sign up below 👇





















