BTC has been going up for 3 weeks straight, but honestly it barely moved compared to TradFi, which recovered back to ATH in ~2 weeks.
All this while Saylor and ETFs are blasting billions into it.
Am I the only one who feels that’s more bearish than bullish?
On-chain we had:
- Two solid launches (
$CHIP,
$OPG )
-
$ASTEROID on ETH ripping to 200m
But that might’ve been it for this relief rally.
Feels like we’re getting closer to a red dildo than a continuation.
Hope I’m wrong because a real on-chain season would obviously be way more fun (and profitable).
Also funny how people are once again saying the 4-year cycle is dead… which usually means we’re about to follow it perfectly again.