Don’t be fooled by the market action right now. This bull run is essentially an “artificial bull market,” driven by Trump’s calls to buy and market makers pumping prices. Crypto moguls played a huge role in getting Trump into office, and the pump was all about winning votes in the midterms and delivering on promises. Now they’ve lost both chambers, and those expectations have fallen flat. More dangerously, if the Democrats take full control, they’ll very likely come after the crypto industry.
The market isn’t holding up because it’s resilient—it’s because a handful of shady market makers are controlling it (just look at last week’s 11% short liquidation in Ethereum). This is a manipulated bull market, not a natural one. The cycle has run its course; it’s time for the market to break down. I got mocked across the internet after being stopped out of a short at the absolute bottom for a loss of 300,000, then used the same logic and entry point to make a million back. The point is, all it needed was a catalyst for a drop. Now that the catalyst has arrived, I’m simply going with the trend and cashing in.
The market isn’t holding up because it’s resilient—it’s because a handful of shady market makers are controlling it (just look at last week’s 11% short liquidation in Ethereum). This is a manipulated bull market, not a natural one. The cycle has run its course; it’s time for the market to break down. I got mocked across the internet after being stopped out of a short at the absolute bottom for a loss of 300,000, then used the same logic and entry point to make a million back. The point is, all it needed was a catalyst for a drop. Now that the catalyst has arrived, I’m simply going with the trend and cashing in.