Hi Matt. I keep reading about Cardano's founder taking a step back while warning of a coming "wave of failure" in the ecosystem. What kind of founder makes statements like that? He's always struck me as highly intelligent and articulate, which is why I find his comment and action so striking.
People often get the direction wrong because conviction turns into tunnel vision, just like the widespread Alt/Meme Season Q4 2025 conviction. That's when emotions take over. Always be prepared for both outcomes, as you've been doing for some time now. Then it stops being about being right or wrong eventually, as Matt has taught us, and becomes all about risk management. Unless, of course, you have something to sell. Then you'd want the majority to be the most wrong!👊😉
@mkoch137@decodejar That would mean the weak and overlapping structure forming since Feb would be a wave 1. Hope so, but I can't be sure as it's not looking like an impulsive wave 1 to me.