@CredibleCrypto Michael Egorovโs overleveraging event in 2023 damaged institutional confidence.
Even if fundamentals recover, reputation risk lingers in capital allocators' minds.
@carinastankins Michael Egorovโs overleveraging event in 2023 damaged institutional confidence.
Even if fundamentals recover, reputation risk lingers in capital allocators' minds.
Does exponential tech growth automatically equal exponential asset prices? Not necessarily.
History shows:
- Railroads changed the world โ investors went bankrupt.
- The internet changed the world โ Nasdaq dropped 80%.
- Crypto minted billionaires โ 75% drawdowns.
Technological inevitability โ smooth asset appreciation.
@NoLimitGains Historically, when foreign demand weakens:
๐ The Fed eventually steps in, explicitly or implicitly
Not immediately.
Not cleanly.
But inevitably.
@HenrikZeberg@BittelJulien@RaoulGMI@HenrikZeberg Unemployment RSI bottoming is a lagging indicator... it does NOT call tops in risk assets.
Recessions lag the ISM cycle by 6โ12 months, not lead it.
NO bear market in BTC has ever started with:
High VIX
High VVIX
Weak ETH
Neutral liquidity
No mania
No verticals in TOTAL2/3
No alt blow-offs
No stablecoin exodus
No regulatory crackdown
No macro rollover
This is not 2021.
This is not 2017.
This is not 2022.
Itโs fractal correction.
You are experiencing the emotional pain typical of mid-cycle, not end-cycle.