Bearish on $BTC/$ETH & large caps right now. Think they've broken mid-term trend — could accelerate down below 82k/2400.
But retail won't slow down lol. Q4's gonna be wild with volatility both ways. Some pockets onchain will still do well.
Headline risk is real. This week we got FOMC + a bunch of big earnings.
Technically? AI momentum stocks look like parabolic blowoff tops → lower highs, losing trend. Even the mega caps are stalling at ATHs. That breakout on Qs a few weeks ago? Turned into a deviation above highs.
AI in general feels uncertain now — where's the next revenue growth coming from? We've had massive capex on training models everywhere. Investors want to see real bottom-line impact. Meta's selloff post-earnings last week is a good sign of that. Plus concerns about current models breaking security all over the internet… not great.
Not bearish long-term, just think we need a pullback before continuing higher.
But retail won't slow down lol. Q4's gonna be wild with volatility both ways. Some pockets onchain will still do well.
Headline risk is real. This week we got FOMC + a bunch of big earnings.
Technically? AI momentum stocks look like parabolic blowoff tops → lower highs, losing trend. Even the mega caps are stalling at ATHs. That breakout on Qs a few weeks ago? Turned into a deviation above highs.
AI in general feels uncertain now — where's the next revenue growth coming from? We've had massive capex on training models everywhere. Investors want to see real bottom-line impact. Meta's selloff post-earnings last week is a good sign of that. Plus concerns about current models breaking security all over the internet… not great.
Not bearish long-term, just think we need a pullback before continuing higher.