this post was submitted on 28 Jun 2023
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ethfinance
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Price action looking nice, I think we're due for a liftoff soon
I don't. With retail forgetting about crypto again I think we'll crab for as long as it takes to get to maximum despair
we're not at maximum despair? It's been depressing af lately.
well yes me too, but I'm not quite at the "laughing like a maniac at the lunacy" stage yet
On the upside, most of the shady or unsustainable ops like FTX, Terra/Luna, 3AC, BlockFi/Celsius/Voyager, Genesis, etc. are behind us. There are fewer bad agents to purge, and fewer bad news to depress the market further - the glaring exception being perhaps the continued regulatory uncertainty and adversity in the US, and a Binance and/or Tether collapse.