Memes

Retail investors’ consensus is still a consensus. Especially for many newcomers this cycle, they’re fed up with PvP (player-vs-player dynamics in crypto), exploitative VCs, and KOLs draining liquidity. They only press the ‘buy’ button, hoping the tokens they purchase will grow.

In this altcoin bear market, everyone has turned into PvP players — selling everything after a mere 3% gain and immediately shorting. I think this is healthy. There’s still market divergence now; people don’t trust the bull run yet. ‘Buy high, short higher’ remains most traders’ profit strategy.

As a degenerate gambler, I’m betting on an imminent mega bull market. Ethereum’s two pumps last week were just appetizers. When ETH breaks its 200-day moving average again, I’ll go all in with 1x leverage on low-cap memes and trending narratives still at the bottom