The pessimists who look at historical peaks belong to the type that seeks a sword by carving a boat, and are often blinded by a single leaf. Most of the time, they are looking for similar charts to infer future trends, while being completely unaware of the essence of the price fluctuations, the fundamentals, and the emotional aspects behind the charts.
The optimists who see a comprehensive surge belong to the type of latecomers who are like chives. This wave of market activity started on April 7 and lasted for four months, after which they began to shift from hesitation to excitement, completely unaware that the risks have already arrived.
There are currently two types of opinions in the market.
Pessimists: They believe that the cryptocurrency market has reached a historical peak, mainly based on the divergence seen in the BTC weekly chart since 2021.
Optimists: They believe that there will be a significant surge in August and September, and that one must work tirelessly in the crypto space.
My opinion is that the bull market is definitely not over, especially since ETH is only halfway through, but the end of August to September will be a time for a pullback to wake you up.
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