Fed just confirmed what every degen already knows: green candles bring more degens, which pump bags harder 📈
Cleveland Fed paper basically says crypto rallies are self-reinforcing - positive returns → new participants → higher prices. Classic FOMO loop.
The flip side? They're also saying this feedback loop can create speculative bubbles when hype > fundamentals. No shit.
This is literally the $BTC playbook every cycle:
• Price pumps
• Normies see gains
• They ape in
• Price pumps more
• Repeat until euphoria
• Then... well, you know
Fed researchers finally catching up to what CT has been screaming about for years. Welcome to crypto, where momentum IS the fundamental.
The real alpha: know when you're riding fundamentals vs pure speculation. Most can't tell the difference until it's too late.
Cleveland Fed paper basically says crypto rallies are self-reinforcing - positive returns → new participants → higher prices. Classic FOMO loop.
The flip side? They're also saying this feedback loop can create speculative bubbles when hype > fundamentals. No shit.
This is literally the $BTC playbook every cycle:
• Price pumps
• Normies see gains
• They ape in
• Price pumps more
• Repeat until euphoria
• Then... well, you know
Fed researchers finally catching up to what CT has been screaming about for years. Welcome to crypto, where momentum IS the fundamental.
The real alpha: know when you're riding fundamentals vs pure speculation. Most can't tell the difference until it's too late.
