fantasy:

If there’s a good crypto project and the price is going up, the community will shill for you, no need to ever pay anyone at all.

reality:

The more the price goes up, the less those enriched by it are likely to start shilling, and the more spoiled ennoscriptd they act with the gains

Unbelievable, shocking, but true.

But it’s in their best interest to shill!!?!

Nope.

Real tragedy of the commons here.

Cut the commie nonsense that the community will just come together to do what’s in their best interest, without ever needing to pay anyone individually.

Reality here is more opposite than you’d ever imagine.

Coincidence that the worst non-VC dumpers on retail are so often the women crypto influencers?

Nah.

They truly believe it’s all a scam, to be dumped hard asap, despite their persona.

Their dumping a reflection of their real beliefs.

Could fill books with explaining why, but is what it is.

GM

Sleep less, become like a woman

what’d I miss

hm

BTC MVRV 2.33

Equivalent pullbacks in this wave — SOL version:

SOL recent high = $209

29% down = $148

33% down = $140

36% down = $133

38% down = $129

Ok, so when SOL hit $120 the other day, that’s actually consistent with a 38%+ pullback.

So pullback bottom possibly already hit?

Or, do these pullback numbers apply only to the top coins? To the crypto market as a whole?

What about duration? Aren’t typical pullbacks a little longer?

Deeper look needed.