It’s quite ironic how last year we were in complete fear of the current price levels of $30k, but now we are in complete greed at the same price. Crypto just outplayed us.

We all know how unpredictable, but yet certain Crypto markets are. As we always say that we "don't know shit about fuck", which basically means that Crypto markets work in a way that we can not understand, in a way that is not predictable at all and sometimes they even work in a very ironic way…

One example of that is just this year and the last year. I think we all remember how just during this time we were in complete fear after a series of devastating events in Crypto, ranging from the LUNA fraud to Celsius and the Crypto hedge fund Three Arrows Capital collapsing too, causing sub-$20k prices.

We were really in a state where most indicators had broken or reached a complete new low and many honestly doubted whether we would ever get out of this grave.

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Both marked areas represent roughly the same time from just one year apart, at the same price of roughly $30k

Now it is certainly the complete opposite, we are once again at $30k (the same price we were at last year during the LUNA implosion) and the sentiment is the complete opposite too. Right now the market is in more of a "greed-mode", where everyone is happy with our 80% gains we had this year and 100% gains off the bear market low.

This all just emphasizes how the Crypto market can often be funny and ironic too. How the Crypto market has the capability to make us cheer for the same price we were crying at last year. Truly an emotional rollercoaster…