the crypto market is a constant battle between two opposing forces

the sell-side (the project team):
- their job is to sell a story.
- they are compensated on narrative momentum and token price appreciation.
- their primary tool is hype

the buy-side (the investor):
- their job is to find value.
- they are compensated on long-term, risk-adjusted returns.
- their primary tool is diligence.

understanding which side is driving the market at any given moment explains almost everything

there are currently more buyers than sellers if you were wondering