Nobody's ever been 100% right, but some of us stayed bullish when it mattered while the majority was panic-selling.
That same majority? They flipped way too bullish at the recent local top. Why? $BTC printed its macro higher high above 83k, all the big accounts posted their mea culpas, "bottom is in" they said. So retail FOMO'd in, sentiment got frothy, and boom—local top.
I've been calling this retracement for months while most were in denial. $BTC did drop, slower than expected, just a slow grind and bleed. That's the kind of price action that kills momentum and eventually breaks sentiment.
Sentiment metrics are still neutral to bearish—not screaming local lows yet, but I'm seeing cracks. Eventually the market will flip back to fear, the majority will call for new lows again, and $BTC will print a higher low.
That's your bottom.
That same majority? They flipped way too bullish at the recent local top. Why? $BTC printed its macro higher high above 83k, all the big accounts posted their mea culpas, "bottom is in" they said. So retail FOMO'd in, sentiment got frothy, and boom—local top.
I've been calling this retracement for months while most were in denial. $BTC did drop, slower than expected, just a slow grind and bleed. That's the kind of price action that kills momentum and eventually breaks sentiment.
Sentiment metrics are still neutral to bearish—not screaming local lows yet, but I'm seeing cracks. Eventually the market will flip back to fear, the majority will call for new lows again, and $BTC will print a higher low.
That's your bottom.