there is something that neither analysis nor charts nor trends dominate, and it is human hope...
many who invest here do so out of necessity, and that necessity is more or less urgent, even if they don't understand, they will always bet on the happy narrative:
quick and easy profits, new coins that are gems, they are driven by hope and not logic, which is why any meme, publication, statement, or signal will always be interpreted as bullish...
and they will keep doing it until a huge red candle leaves them on the canvas at least two or three times, after which they withdraw saying that crypto is a fraud.
due to the 100k fever, we are still filled in the market with people who come to be millionaires and change their lives, they could earn 20 dollars every day with logical trades, but no... like in the lottery, they only seek a stroke of luck that ends their struggles.
that’s why even if all signals point to 85k, it doesn’t matter: the market is bullish because hope is optimistic by definition, and there are still too many opportunity traders putting their money into an illusion... until the next red candle.
many who invest here do so out of necessity, and that necessity is more or less urgent, even if they don't understand, they will always bet on the happy narrative:
quick and easy profits, new coins that are gems, they are driven by hope and not logic, which is why any meme, publication, statement, or signal will always be interpreted as bullish...
and they will keep doing it until a huge red candle leaves them on the canvas at least two or three times, after which they withdraw saying that crypto is a fraud.
due to the 100k fever, we are still filled in the market with people who come to be millionaires and change their lives, they could earn 20 dollars every day with logical trades, but no... like in the lottery, they only seek a stroke of luck that ends their struggles.
that’s why even if all signals point to 85k, it doesn’t matter: the market is bullish because hope is optimistic by definition, and there are still too many opportunity traders putting their money into an illusion... until the next red candle.