MOBILEYE ($MBLY) : BUY OR FOMO YOUR CHOICE! TICK TOCK!!!NASDAQ:MBLY BUY OR FOMO YOUR CHOICE!
In this video, we talk about:
1.) Why the stock is down 5%
2.) Why everything on the Technicals/ Fundamentals point to a STRONG BUY.
3.) My earnings prediction & fair value
Thanks for watching! I know it was a longer video, but I always want to be thorough. Especially with a name as polarized as this one.
Are you a BUYER, will you FOMO, or am I WRONG? Let me know in the comments.
YouTube:
@TheRonnieVShow
NFA
#BuyingOpportunity #BuyTheDip
Buythedip
Hooking the BigTime: Reeling in Profits Before the Tide Turns!💡 Overview :
This trade setup focuses on accumulation and distribution zones of BITGET:BIGTIMEUSDT.P identified through technical analysis, inflow/outflow metrics, open interest, and funding rates. Based on the data provided, we're targeting a strategic entry point during accumulation, a clear stop-loss level, and a take-profit level based on historical resistance. Let’s dive into the why , what , when , how , and where of this trade.
🐝 Why This Trade?
Accumulation Phase 🟢:
The accumulation zone between $0.10 and $0.12 is based on increased inflows (green bars) combined with strong support levels where buying pressure was historically dominant.
Long/Short Sentiment 📊:
A favorable long-short ratio around these levels signals traders expecting upward momentum, supporting the accumulation narrative.
Price Bounce Potential 🚀:
The charts indicate significant price rebounds after reaching this zone, supported by previous spikes in Open Interest and inflows, signaling that buyers are active here.
🐝 What’s the Plan?
We aim to enter the market within the accumulation zone between $0.10 and $0.12 and exit at a key distribution level of $0.15 for a calculated risk/reward trade.
🐝 When?
Entry Point 📈:
Enter the trade when the price touches or consolidates between $0.10 and $0.12 , confirming that accumulation is happening (evident by inflows outweighing outflows).
Exit Point 💰:
Exit when the price hits $0.15 , which aligns with a previous resistance level where heavy distribution and outflows were seen, suggesting a potential reversal.
🐝 How?
Risk Management Strategy 🔒:
Stop-Loss :
Place your stop-loss just below $0.10 to protect against downside risk in case the market fails to hold the accumulation zone.
Take Profit :
Set your take-profit level at $0.15 , which is the projected distribution zone , as prices have historically struggled to break past this level without major outflows.
🐝 Where are the Key Levels?
Accumulation Zone 🟢:
$0.10 - $0.12
Look for inflows > outflows and rising open interest to confirm accumulation.
Take Profit Level 🏆:
$0.15
Previous resistance and outflow spikes suggest this is a key distribution zone.
Stop-Loss 🛑:
Below $0.10
To protect against losses, use a tight stop-loss just below this level where strong support is expected.
🐝 Trade Summary 📝:
Entry : $0.10 - $0.12 (Accumulation Zone)
Take Profit : $0.15 (Distribution Level)
Stop-Loss : Below $0.10
📊 Indicators to Watch :
Long/Short Ratio : Favorable for longs near accumulation.
Net Inflows/Outflows : Inflows must exceed outflows in the accumulation phase.
Open Interest : Look for peaks to signal strong market activity before a potential breakout.
🚨 Final Thoughts :
This trade idea relies on well-established support at $0.10 - $0.12 and anticipates a rebound towards $0.15 , where distribution pressure might cause a reversal. Risk is managed with a stop-loss just below the accumulation zone, and profits are locked in at the $0.15 level.
Good luck! 🍀📈
Strategic Bitcoin Accumulation & Market Insights: October 2024
Current Price : INDEX:BTCUSD $61,898 🚀
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1. Overview of Price and Market Dynamics
Price Action :
Bitcoin is trading at $61,898 , showcasing strong momentum. Market dynamics reflect a balance between whale accumulation 🐋 and short-term speculative movements 📊. The price has consolidated after breaking key support, with large holders dominating market activity.
---
2. Accumulation Zones 🛑
Whales have been steadily accumulating in the $55,000 - $58,000 range 🐋, signaling strong confidence in future price appreciation 📈. This zone will act as a significant support level in case of any pullbacks.
- Accumulation Zone : $55,000 - $58,000
- Observation : This zone has the highest concentration of buy orders, making it a critical support area.
---
3. Distribution Zones 📈
The primary resistance zone is located between $65,000 and $67,000 . Sell-side pressure is expected to increase as short-term traders take profits 💰. Watch for increased volatility in this zone.
- Distribution Zone : $65,000 - $67,000
- Observation : Significant resistance at this level could trigger a short-term pullback.
---
4. Accumulation Strategy 📊
Where :
The ideal accumulation range is between $58,000 - $60,000 , where whales are heavily positioned. Large holders are removing Bitcoin from exchanges and storing it in cold wallets 🧊.
When :
Accumulate during periods of low volatility. Exchange outflows indicate fewer people selling Bitcoin, providing a strong buy signal 🔥.
How :
Use a dollar-cost averaging (DCA) approach between $58,000 - $60,000 to mitigate volatility. Set stop-losses below $55,000 to protect your capital.
---
5. Distribution Strategy 💡
Where :
Consider selling around $65,000 - $67,000 , where strong resistance is expected 🛑. This area has previously seen significant sell orders, creating a potential distribution zone for traders.
When :
Look to distribute as Bitcoin nears the $65,000 resistance level. Failure to break this level will likely lead to a pullback 📉.
How :
Use limit sell orders slightly below $65,000 to maximize profits. Long-term holders can consider partial distribution to lock in gains while riding the next potential wave upward 🚀.
---
6. Whale Activity and On-Chain Metrics 🐋
Whales have been accumulating Bitcoin steadily between $55,000 - $58,000 . The reduced exchange inflows indicate large holders are moving assets off-exchange 🧊, preparing for a long-term hold. Unspent Transaction Outputs (UTXOs) have been increasing, further confirming long-term accumulation.
Actions :
- Accumulate with Whales : Buy within the whale accumulation zone between $58,000 - $60,000 .
- Monitor Exchange Inflows : Decreasing inflows are a bullish signal for future price appreciation.
---
7. Key Technical Indicators 📊
- Support : $55,000 - $58,000
- Resistance : $65,000 - $67,000
Volume :
Volume is building around the $58,000 - $60,000 range, indicating steady accumulation 📉.
RSI :
RSI is neutral, meaning Bitcoin is not yet overbought. Momentum is building for a potential breakout above $65,000 .
---
8. Derivatives and Open Interest Analysis 📈
Open Interest :
Bitcoin open interest remains elevated in futures markets, signaling heavy speculative activity. A potential price move above $65,000 could trigger liquidations 🚨.
Funding Rates :
Funding rates are neutral, meaning long and short positions are relatively balanced. This suggests that traders expect further price gains, but not extreme volatility.
---
9. Take Profit and Stop Loss Levels 📉
Take Profit Levels :
- $65,000 - $67,000 : Ideal take-profit zone for short-term traders 📈.
- $70,000 : Secondary take-profit target for those expecting a strong breakout.
Stop-Loss Levels :
- $55,000 : Place stop-losses just below this level if accumulating around $58,000 . This ensures capital protection in case of a downside move 📉.
---
10. Final Observations and Strategy Summary 🔍
Why :
Whale accumulation, decreasing exchange inflows, and strong on-chain activity suggest that Bitcoin is entering the final stages of accumulation. A breakout above $65,000 could drive prices toward $70,000 .
Where :
Focus on buying in the $58,000 - $60,000 range and aim to sell near $65,000 - $67,000 . Long-term holders should continue holding.
When :
Look for accumulation during periods of low volatility and outflows. Distribute near resistance zones and take profits at critical levels.
---
Strategic Actions :
1. Buy : Accumulate between $58,000 - $60,000 .
2. Sell : Take profits near $65,000 - $67,000 .
3. Hold : Long-term holders should maintain positions, as whale activity points to future upside 📊.
ADBE 9-EMA Dip BuyIn this video I go over the Adobe Stock coming back to the 9 Emma moving average. I'm looking for the price to come back a little bit and close just below or on the 9 EMA and then as soon as Thursday or Friday happens, I want to see the price go back above the 9 EMA and then buy to enter the position long. Adobe is considering a mega cap, and the mega caps are getting all the attention right now so make sure that if you play any large caps or mid-caps that you have a lot of conviction. Please realize that the money has not been flowing into large or mid cap stocks for quite some time so that's why I am focusing on the Mega CAPS.
Strategic Bitcoin Long Positions Amid Market FluctuationsHi everyone, so we had the dip, Bitcoin is lower, it came close to the 64,800 which was big support after the 66,200 was lost. But this is an entry for me, and I've been trying every step of the way to find support to go long.
You see, once you pick a direction, it's better to keep your direction, and if you're long, stick to long positions. We've attempted many long positions, and while some went into the middle, they provided opportunities to secure some profit or at least move the stop loss at entry. This could be the big one, and the targets I see are 67,000 and 68,700, which is the top of the channel, and then 71,860, which will be the third attempt.
We got rejected twice at that level, first in May and then on the 7th of June. I expect the third and crucial attempt to happen sometime this month. If that level is breached on the third attempt, we could skyrocket to 79,000 and even 80,600.
Nobody said it's easy, guys. Unlike last year when we bought from 16,000-18,000 and everything went well, we now have to navigate through more complex conditions. Although the Feds haven't cut rates yet, we have eased inflation and the Ethereum ETFs coming up, providing good reasons to expect Bitcoin to go back up higher.
The Nasdaq is at a new all-time high, and Bitcoin should follow. So I'll stick to the main structure and keep buying. If Bitcoin starts an epic rebound today, we could be heading towards 95,000.
Again: There is support now (very close) at 65,300, which was lost and regained very quickly, making it a trade with the stop loss just below that. In the worst-case scenario, 64,800 is still support.
I'm long here, and once you pick a direction, stick to it. It might be tiring, but it's essential to stay alive and be able to trade again. Spot trading is different, but for leverage trading, have a daily limit or budget in bullets. When the market fails but you see support or a good entry, buy in again and fight. We never die; we never go down, and we stick to one direction. It does work, and the analysis says Bitcoin long. That's what we do.
One Love,
The FXPROFESSOR 💙
GNOUSDT | Ready for Another Push Higher?Market Context
GNOUSDT has been on a roll with a significant push higher recently, and the momentum suggests we’re not done yet!
Strategy: Buy the Dip
To capitalize on this bullish trend, here’s our buy-the-dip strategy with precise limit orders:
LIMIT Order 1: 353.93 | TP: 389.45
LIMIT Order 2: 341.12 | TP: 352.96
LIMIT Order 3: 329.60 | TP: 340.70
Excitement Ahead
With these setups, we're positioned to ride the next wave up. This could be a thrilling ride, so buckle up and stay tuned!
POLYXUSDT | Testing the New Trading SystemMarket Context
Exciting times as we put our new trading system to the test with POLYXUSDT!
Strategy: Buy the Dip
We spotted a trendline break on the 5M chart and used adjusted Fibonacci levels to set up our limit orders. Here's the plan:
LIMIT Order 1: 0.5169 | TP: 0.5415
LIMIT Order 2: 0.5080 | TP: 0.5163
LIMIT Order 3: 0.5000 | TP: 0.5078
Results
We hit LIMIT #3 and secured a solid 2.53% gain! 🎉
This system is showing promise—let’s see how it continues to perform. Stay tuned for more updates and trades!
DKNG flushed and then went dry LONGDKNG is a solid large cap with great price action. Today it drained 5% and then put on the
stopper. Price reversed and stabilized in the afternoon session. The fall was to below the
second lower VWAP band in deep undervalued territory. I see this as a chance to pick up DNKG
at a 10-15% discount for a long trade. The dual time frame crossover of the faster line over
the slower line is reassuring bullish divergence enough for me to look for the best entry on
the lower time frame chart.
5 Waves Up On Total Crypto Market Cap.Hey everyone! It's Dalin here.
I am very excited to post this chart today as I expect a pullback in the markets.
Things looked bullish, but then everyone started buying the "news" associated with the ETF.
(The saying goes, "Buy the rumor, sell the news," not "buy the news.")
Patterns are bearish, with bearish divergence everywhere. There are five waves up in many cases. I expect a pullback here.
This means Bitcoin could fall by 30%, and many altcoins will get wrecked.
I am 50% in cash, ready to buy the dip. If you sell and buy the dip later, you can grow your portfolio significantly when it rises again.
That's all for now, folks.
Stay profitable,
Dalin Anderson
ARB ready to start it's Bull market?My opinion is ARB / Arbitrum is finishing it's major 2nd wave correction as an running flat and breaking the white downtrend line indicates that 3rd major wave is starting. How ever if the red scenario happens more possibility to invalid the whole bullish scenario rather than it's to be a expanded flat. Let's see. DYOR! Always invest what you can afford
NFLX is at the support of the POC line LONGNFLX on a 120 minute chart currently has price sitting on the POC line confluent with the
Fibonacci 0.5 level on the previous trend up that was before the trend down from around
the time of an earnings beat which was a disappointment because traders somehow expected
better. There is been some disappointment about NFLX keeping some of its subscriber trends
private. Not a surprise. Price has put in somewhat of an inverse head and shoulders or triple
bottom. The Lux Algo forecasting indicator expects a move up. I will take a long trade here.
I believe that this is a buyable dip.
ACB a MJ small cap set up LONG Aurora Cannabis on a 15 minute chart is sitting on the dynamic support of the second lower
VWAP band in deep undervalued territory also below the high volume area of the immediate
volume profile anchored back to April 11th. The Trend indicator shows bearish momentum has
bottomed. The dual time fram RSI indicator shows RS values in the low 40s. ACB did have some
bullish volume spikes throughout the previous session. Next weekend, is National MJ Day and
a bit celebratory for stocks in this subsector. The backdrop of legalization in Germany and the
ballot initiative in Florida both have relevance and importance. Vice President Harris is pushing
the legalization as an incumbent seeking to be re-elected. All of this helps in ACB's
fundamentals and projects for future growth.
I see an upside of 15% to the recent high pivot and potentially beyond that.
VTYX falls to support on private offering Biotech LONGVTYX- Ventyx Biosciences, Inc. (“Ventyx”), a clinical-stage biopharmaceutical company focused
on advancing novel oral therapies that address a range of inflammatory diseases with significant
unmet medical need, announced today that it has entered into a stock purchase agreement for
the sale of 11,174,000 shares of its common stock at an offering price of $8.95 per share in a
private placement to certain qualified institutional buyers in a bearish news catalyst on March
7th. I have recently uploaded my idea for VTYX on February 27th. Any traders who bought
at 7.00 based on that idea may have sold on March 6th for 11.00 and achieved a 55% return in
less than two weeks. On the 15 minute chart, VTYX has pulled back to support from the news
catalyst. It has settled on the first upper VWAP band where it also found support in February
after the post-earnings bullrun and again on February 27th when I uploaded the prior idea.
VTYX is now at the bottom of a megaphone pattern ( broadening wedge) reflecting increasing
volatility. The predictive algorithm from Lux Algo shows a forecast consistent with price action
about the confluence of the support trendline in green and the first upper VWAP band in thick
blue while the regression line and then predictive algorithm derived from it is the black line.
Biotechnology especially small caps are among the hottest sectors at this time. This one
went from cold to very hot and is now lukewarm while readying another bout of bullish
momentum. I will revest capital from the previous 10 day trade in a long position
expectant of a target of 11 or about 35-40% upside from current price.
ETH, Where to Buy the Dip ? ETH is most likely correcting 5 years up going wave ! is the correction over? Most probably NOT.
ETH at ATH more than likely completed an impulsive section of a wave cycle and currently is in the corrective section.
Normally in simple form, corrections have 3 legs with two legs down and one leg up in between. As shown on the chart , it is very possible for ETH to be in the third leg of the ABC form of correction (C) after completion of first two legs (A and B).
ETH got hammered at 50 % Retracement of down going wave A which is acceptable and also typical for a zigzag correction. If we skip some unusual types of zigzag correction, ETH should normally make a new low at lower Retracement levels shown on the chart. So, Our " Buy the Dip " targets will be 1863 and 1046 USD corresponding 0.618 and 0.786 Retracements of 5 years up going wave respectively.
After end of correction, if we are going to have a normal ascending wave cycle , there will be a shining chance to invest on ETH. It may see some unbelievable targets above 10000 USD !
I have to emphasize what has been discussed is the most probable scenario . We know that waves, especially in corrective phase, can take many complicated forms. Should it need any update, we will provide in appropriate time.
Hope this to be useful and wish you all the best.
OP- 🌈 Buying this Dip with Optimism (and incentives!)🚀Amidst today's Crypto dip, I'm diversifying my portfolio with a strategic move into Optimism (OP). Here's the lowdown:
📈 Volume Surge: Optimism's recent token incentives led to a jaw-dropping 23-fold surge in trading volume. That's not just noise; it's a liquidity bonanza.
🌿 Sustainable Growth: Optimism isn't just another flash in the pan. They're in it for the long haul, funding public goods and focusing on ecosystem longevity.
🛠️ Technical Robustness: As a robust Ethereum L2 solution, Optimism offers scalability and cost-efficiency, perfectly aligning with Ethereum's long-term vision.
🎯 Why Now?: Given these strong fundamentals, Optimism is a compelling investment, especially when the market's down. It's not just about quick gains; it's about backing a protocol with a solid future.
🔮 Future Outlook: If you recall how well MATIC performed for us a few months back, Optimism has similar potential.
🚀 Ethereum Synergy: Don't overlook the impact of Ethereum's upcoming Merge EIP-4844. It could be the rocket fuel that sends OP to $4.44. EIP-4844 Analysis:
📈Chart:
Massive Channel, on support= LONG with SL just below it 💙😎 LFG!
My Targets are 2.4 and 3.5$.
One Love,
The FXPROFESSOR 💙
#Optimism #InvestmentStrategy #CryptoMarket 💎
How to BRR 101Refer to my prev AMD post back in Jan for credibility - I predicted run to 158-165 when it was in the 130s (result: ran to 180s).
Now we have a buy the dip opportunity after earnings sell off. There is still too much demand for this to tank yet, it wants one more high (at least).
Path to targets is the solid black line. Bullish channel its respecting is the dashed blue channel, every time it dips outside of that it gets bought up fast:
- Initial target = 187.50 by 2/9/2024
- After that hits it will pullback to around 176
- If 176 can hold as support it will make one final run to 192-199 by early March 2024
Trailing Stop loss is 2 consecutive closes below the dotted red line.
Entered Feb 16 175 calls for 3.50 on 1/31/2024 (underlying 167.67)
Did I Make a Big Mistake?Traders,
In this week's roundup, I'll cover Bitcoin, where I see it finding support and what my current perspective of future Bitcoin price action looks like. Plus, I'll take a look at a few of my recent altcoin trade entries. What was I thinking? Did I make a mistake? Let's look at the charts and discuss.
Timestamps:
00:00 Intro
02:00 Bitcoin TA
11:37 Altcoin Trades
Buying the Dip on QQQs: A Great Strategy That Never Fails !The stock market is a dynamic and ever-changing environment. There are ups and downs, and it can be difficult to know when to buy or sell. However, there is one strategy that has consistently been successful over time: buying the dip.
Buying the dip is a simple strategy that involves buying AMEX:SPY or NASDAQ:QQQ that have recently fallen in price. The idea is that these indices are undervalued and are likely to rebound in the future. This strategy has been successful because it takes advantage of the market's natural tendency to overreact to negative news and events.
QQQs are a great example of a stock that can be bought on the dip. The QQQs are an exchange-traded fund (ETF) that tracks the Nasdaq-100 Index, which is a basket of the 100 largest non-financial companies listed on the Nasdaq stock exchange. The QQQs have been a very strong performer over time, and they have historically been able to rebound quickly from dips.
In fact, a study by S&P Global Market Intelligence found that the QQQs have averaged a return of 14% per year since their inception in 1999. This is significantly higher than the average return of the S&P 500 Index, which is 9.7% per year.
Overall, buying the dip is a great strategy that can help you to achieve your long-term investment goals. Just be sure to do your research and only invest in things that you believe have a strong future.
Boost the idea and let me know in the comment section if you are long the QQQs.
After ETF approval, selling is likely to continue on Altcoins.Not trying to introduce more FUD. I just want you all to be aware of what continues to occur in the altcoins space. As you have seen my recent video, major levels are breaking everywhere. This continues to be the case and, in fact, even the strongest of the altcoins are starting to struggle. TOTAL2 is showing a break from our ascending channel as we look to retest support below at around 683B. Below that we have our inverse H&S neckline at just over 620B. I can see us retesting that as well in the coming weeks. I will be avoiding altcoin entries this week. Only the most risk adverse may want to play any sort of spike here which would likely follow confirmation of the BTC ETF approval. But I do expect any spike or wick up to be quick, as the market may then sell the news.
As Expected, We Have Our Pullback! Now We Watch This Closely.Traders,
As predicted a few weeks ago, altcoins have finally met their downside target of 10-15% (see links to related ideas). But this move down will not confirm further downside unless/until we have confirmation to the underside of our current channel. We have to watch that bottom support closely along with the support on our RSI chart. Should one of them break and the price remain on the underside tomorrow through Friday, this can be further indication that more pullback may occur.
This is the healthy correction that I have been waiting patiently for and I am glad to see it.
Stay tuned.
Stewdamus
Final Final Leg Down For NowHere is the current forecast assuming Minor wave 4 completed at today’s high. The original bottom of Intermediate wave 5 based on all data acquired at the end of Intermediate wave 4 is on the right. The short, long blue box was the original forecasted low based on my derivative modeling. The current forecasted levels based on possible Minor wave 5 data points are on the left. There is overlap with the original areas. The low can happen fast and likely before October 26th. The low will likely remain between 4147 and 4180. It can always go lower. Original call was a low around 4175. It is possible we go below this by 10-15 points.
Once this bottom is in, it is finally rally time (short-lived but at least a month of 250+ points.
METHODOLOGY:
I operate a modified wave theory composed of Dow Theory and Elliott Wave Theory. All data is determined from comparing current wave locations with historical wave relationships. The listed percentages are based on previous movement extensions and retracement quartiles of the data. There is too much data to list all points but overlap of the quartiles based on specific relationships tends to point to more likely targets. The light pink levels are based on most specific data, light blue is slightly broader, and yellow levels are the broader set of data used. A red level typically indicates maximum historical move for the current wave throughout the historical data.
Derivative models take the annotated waves from the above methodology and compare specific ratioed-relationships to predict future movement based off of smallest standard deviations in processed models. ***Currently in beta testing to determine efficacy***
The S-Pattern - Where or Why Does This Happen?Hey folks - been a while since I made one of these (not too much interesting movements in the crypto markets lately, honestly), but after a long period of inactivity in XTZ, *something* seems to have triggered a move.
There's a few people wondering where this spike in Tezos came from - unless the transaction was triggered by literally one wallet (unlikely since that would have been identified by now), we can only really speculate as to who or what "bought the dip". But generally speaking, the extreme verticality of the "pump" suggests that this was an automated trade or possibly someone with access to a button to make large hyper-coordinated trades. (If a bunch of people get together and buy-in together the price usually rises as a slope over time, not a spike.)
Since we are in a bear market right now, the rules of the game for investors changes a bit. But it's important to remind yourself of the fundamentals of supply/demand and incentives in markets themselves doesn't change. So based on that, we can make a few educated guesses:
1. Bear markets don't necessarily mean that there is no money to invest - lots of people exited the market at the beginning of this bear market, converting their assets into cash. (These are the folks who quietly sold at the top and can be considered "smart money".) They are waiting for the market to bottom out as the hype fades away.
So the money to invest itself is there (it is always there, really) - it's just unsure where or when to get back in right now. Someone or something made the guess that *this* is the bottom now, in other words.
2. The vertical part of the S-pattern suggests (automated or not) large-volume investors getting in, while the gradual slope downwards back to its original state is likely smaller investors exiting out of the ecosystem. (Many have expressed frustrations with the coin not having moved in a while and have been waiting for moments like these as an excuse to exit.)
This is primarily the way markets "cleans" itself of short-term players and the reason why institutional investors often beat retail ones in the long - they have the means and patience to wait until the very bottom of the "valley". (Another reason why it's important to only invest what you can afford to lose.)
3. You have to be careful of getting your news from the media or social media because during down markets most talks and discussions will be about how bad the markets are - which is the obvious thing to complain about during those times. The negative sentiment eventually becomes a self-fulling prophecy and the price will continue to dip until the "losers" have left the scene.
If you think about it, the only people who have a reason to complain are the ones that bought at the top and looking to recoup their losses. The ones that were in early, holding for long-term, or sold at the right time (lucky them!) don't really have much of a reason to engage with doom-spiral content.
4. And finally - smart-money investors look for primarily two things: A reason to get back in (will not happen with ponzi or vaporware projects, which is a good thing), and the right time to get back in. Even if they have done their research and believe in a project strongly, when half the people in the ecosystem are in a panicked state, it doesn't give them much confidence to get back in. At least not yet. So they wait until the price flatlines and things get quiet - are the folks threatening to exit gone yet?
This is the reason why big rallies often happen unexpectedly after long periods of no movements, rather than a "rebound" after a massive dip. It is the waiting game smart investors play to get the best spread between buying low and selling high.
--
A lot of this will feel weird and unfamiliar because I don't think crypto really has really gone through a "real" bear market - it was a product of the post-2008 0-interest rate era and a lot of the rallies were sustained by VC and hype money, which fueled a lot of irrational behavior during the last few cycles as a whole. (Including FTX.)
But now that that era has come to an end, what comes next? A bit of spring cleaning in the markets is in order - I think. A lot of people have been waiting for this moment to come for a very long time, so it could possibly be one of the biggest rebounds in history...but only time will tell. Good luck, folks. 🤞