Much like the title says, I don’t have a problem with celebrating a 3 month high. Yeah, it’s still significantly down from ATHs set in November/December but it’s nice to see some green and that always brings good vibes/energy around here. I’m not fully ready to say the bear market is over when we have several rate hikes still planned for inflation, Congress/parliament legislation still to come, Russian v Ukrainian geopolitics, and apecoin still thriving.
Volume was relatively low for this run up and it looks like a good amount of this run was due to shorts being liquidated which is whale games as usual. All I’m saying is don’t throw everything all in just yet if you’ve been waiting to do so.
Happy green and cheers all.
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