The second the "genius traders" FOMO in, their alpha dies.
This is the cycle every time:
→ Smart money accumulates quietly
→ Narrative builds, charts look clean
→ CT gurus arrive late screaming "generational opportunity"
→ Retail apes in
→ Top is in
If you're entering when everyone's celebrating, you're exit liquidity.
The real edge? Being early and uncomfortable. Not late and confident.
This is the cycle every time:
→ Smart money accumulates quietly
→ Narrative builds, charts look clean
→ CT gurus arrive late screaming "generational opportunity"
→ Retail apes in
→ Top is in
If you're entering when everyone's celebrating, you're exit liquidity.
The real edge? Being early and uncomfortable. Not late and confident.