Everyone online is calling for a crash. If the market gets pumped right now, how many people will get wiped out?
Half a month ago, the internet was full of “the bull run is back—come back quickly,” and bullish voices outnumbered bearish ones by almost two to one.
What about today? The bull-to-bear ratio has plunged to 0.51. Everyone’s calling for a crash.
Why? First, the Binance hack scared the life out of everyone. Second, the Democrats won Congress in the midterm elections, and retail investors think that without Republican support, crypto is doomed.
But remember this: when everyone’s standing on one side of the boat, it won’t be long before it capsizes.
Retail investors think the sky is falling, so they’re cutting their losses and opening short positions. But think about it: if things are really that bad, why hasn’t the price collapsed already?
Market makers love this kind of unanimous panic. Everyone sells the “expectation” ahead of time. Then, once all the bad news is out, market makers scoop up all the bloodied tokens at the bottom. If the broader market suddenly surges back to 79,000 now, those who chased the shorts and cut their losses will all get crushed.
Don’t just focus on the online wailing. If everyone’s calling for a crash over the next few days, but the broader market suddenly stands firm above 79000, don’t be surprised. It means the ride has gotten lighter, and the market makers are ready to hit the accelerator$BTC $ETH
Half a month ago, the internet was full of “the bull run is back—come back quickly,” and bullish voices outnumbered bearish ones by almost two to one.
What about today? The bull-to-bear ratio has plunged to 0.51. Everyone’s calling for a crash.
Why? First, the Binance hack scared the life out of everyone. Second, the Democrats won Congress in the midterm elections, and retail investors think that without Republican support, crypto is doomed.
But remember this: when everyone’s standing on one side of the boat, it won’t be long before it capsizes.
Retail investors think the sky is falling, so they’re cutting their losses and opening short positions. But think about it: if things are really that bad, why hasn’t the price collapsed already?
Market makers love this kind of unanimous panic. Everyone sells the “expectation” ahead of time. Then, once all the bad news is out, market makers scoop up all the bloodied tokens at the bottom. If the broader market suddenly surges back to 79,000 now, those who chased the shorts and cut their losses will all get crushed.
Don’t just focus on the online wailing. If everyone’s calling for a crash over the next few days, but the broader market suddenly stands firm above 79000, don’t be surprised. It means the ride has gotten lighter, and the market makers are ready to hit the accelerator$BTC $ETH
