Fear & Greed Index at 8, so I figure you'll see some engagement-baiting influencers today.
I did a thread on it with some data back in November. Back then, $BTC was trading at $90k with people “buying the fear”.
TL;DR: Buying “oversold” fear means positioning against the prevailing momentum. That’s why it repeatedly gets you in too early on downtrends. You’re even better off buying greed instead.
RPL bear scenario:
RPL is in the growth phase and this is driving RPL demand. Once demand slows down, the only buyers of the tokens will be node operators to maintain their RPL/ETH ratio. This could create a dangerous downward cycle of selling as more node operators exit.
Average RPL is over collateralized at 60% which depresses RPL prices. As RPL demand continues to grow, this is going to pull RPL price higher as less nodes have as much margin. Also a more solid base for the RPL price as any decrease can't be absorbed as easily, forcing buying.