The market trend these days can be summed up as 'outrageous but reasonable'.
Not long ago, everyone was shouting doomsday theories, with a bunch of people preparing to liquidate and lie flat, but then news kept coming in waves: the U.S. continues to push for digital asset regulation, Japan is advancing fiscal reforms, and the global stock market sentiment is starting to warm up.
Once the sentiment shifted, the crypto market took off across the board.
BTC, ETH, and SOL led the rebound, and the most exaggerated part is that sectors which typically remain flat also started to move,
as if the entire market was suddenly awakened together.
If you say this is entirely based on fundamentals, I don't believe it.
But if you say there's no logic to it, that's not right either.
This is the consistent rhythm of crypto: news provides direction, and emotions are responsible for amplifying the intensity.
The current market is particularly amusing:
When it drops, everyone says it's over;
When it rises, it transforms into a bull market in a second.
The core is actually just one sentence:
Capital is always more honest than words.
During this period, too many people have been shaken out.
Now that the market provides a bit of good news, capital is willing to come back and test it.
Whether it can be sustained, no one dares to guarantee, but this wave of broad gains at least indicates:
Everyone hasn't really given up; they're just too scared to act.
So I increasingly feel that,
The crypto market is not about who makes the most accurate judgments,
but about who can remain calm in the chaos.
What do you all think?
Is this a rebound? Or the beginning of a new emotional cycle?
