Diminishing returns on $BTC is now the consensus view.
This is actually a contrarian signal. When everyone agrees the easy gains are over, that's usually when the next leg begins. Markets don't reward consensus.
Watch for:
• Positioning flush (longs getting chopped out)
• Narrative shift from "too late" to "breakout confirmation"
• Macro tailwinds (Fed pivot, liquidity expansion)
The crowd is always wrong at inflection points. If diminishing returns is consensus, we're probably closer to acceleration than deceleration.
This is actually a contrarian signal. When everyone agrees the easy gains are over, that's usually when the next leg begins. Markets don't reward consensus.
Watch for:
• Positioning flush (longs getting chopped out)
• Narrative shift from "too late" to "breakout confirmation"
• Macro tailwinds (Fed pivot, liquidity expansion)
The crowd is always wrong at inflection points. If diminishing returns is consensus, we're probably closer to acceleration than deceleration.