💡#beginnertrader ‘s speculation about bull run. 📃
Many think that FOMO can spark a bull run and nee #ATH , but I disagree. Even significant events, like the US election, don’t stir the deep emotional intensity needed for a true bull run. Sure, people might start placing sky-high bids, but that will likely lead to fake outs. Think about it: who’s buying high without conviction the price will go even higher? And if everyone is convinced the price will rise, who’s left to sell?
In my view, the real uptrend will begin out of desperation—when fear takes hold. Desperate fear at first flipping into unstoppable greed. Ask yourself, at what price would your favorite asset falling to truly scare you? For example, is it $1900 for ETH, $50 or $80 for SOL, or $40,000 for BTC? 😱😨🙀
Also, take a look at the weekly trading volumes around these ‘scary’ price levels—typically 8M for BTC and 80M for ETH. The recent weekly volumes haven’t even come close to these figures.
Of course, this is just my perspective as someone still learning the ropes, but I believe that understanding emotional drivers is key. What do you think—could fear be the missing link for a proper bull run?
Trade responsibly and don’t be afraid to take advantage of price volatility in a currently ranging market.
Actually I’m also thinking about alternative scenario, I will refine it and publish later.
