Feels like some quiet quitting in crypto
Get the sense that a lot of ppl have returned from holidays physically but not mentally or with desire to “lock in”; GCs still very quiet even though ppl are physically there
Imo, likely due to the pumpfun-ication of the trenches which
dear traders waiting on "alt szn":
retail now accounts for 1/3 of US equity market volumes
many mid cap AI supply chain & adjacent names are up 5-10x over the last yr and continue to trade amazingly well
no liqudation cascades, bundling, undiclosed insiders, etc to deal with
