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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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58098625 No.58098625 [Reply] [Original]

> When everybody was afraid of a recession the market started shooting up.
> Now everybody is like 'soft landing achieved, the market will go up a lot!'
This makes me suspicious. Is the top in already or we have another leg up?

>> No.58098635

Great question, I'm waiting until the halving no matter what though

>> No.58098720

>>58098625
top is likely in, we might get a another leg up and that will be your opportunity to sell
i think sometime over the next few days, this week, we should see crypto pump for a bit

and yes your analysis is spot on,
notice how in the beginning and throughout 2023, almost everyone was bearish
nowadays, lots of talks of soft landing and AI and interest rate cuts

most likely i think we see the market cool down until sometime Q2/Q3 2024, and then once everyone is bearish and scared again - we recommence the bull

>> No.58098751

>>58098625
too many of the people who we're sidelined throughout 2023 are feeling FOMO right now
and these people holding cash will likely buy-in too quickly, and end up becoming a bagholders

i could be completely wrong though, maybe ETF inflows remain strong, and that will be enough to sustain the bull
keep an eye on ETF flows
I'm expecting ETF flows to cool down over the next few weeks

>> No.58100318

>>58098625
> When everybody was afraid of a recession the market started shooting up.
because fed would need to lower interest rates
> Now everybody is like 'soft landing achieved, the market will go up a lot!'
so at least the fed wont be raising interest rates