I’ve never seen this community so polarized on the state of the market

Has anyone else felt this lately? It’s so interesting to see how this sub changes as the market changes.

During the Bull, I saw bull mania so strong that you could actually feel the adrenaline coursing through every comment. The daily became delirious and you could tell that no one was thinking straight anymore. You feel it too, you’d open up the sub and get so excited about the prospect of BTC at $100k or a brand new coin that was pumping 200% in a day.

During this Bear, there’s such an oppressive sense of doom and gloom in here. The daily is deserted. The FTX collapse felt apocalyptic as so many people rushed to exit different exchanges and this sub was all but taking bets on who was the next to fall.

But as of right now I’ve never seen sentiment so polarized. Positive news is met with skepticism and negative news is deemed inconsequential. Are we in a Bear or a Bull? The comments are split down the middle. Have we hit the bottom or do we have further to fall? The top comment says the worst is behind us, while the next says that we haven’t because so many people are sure we already have. Even with regards to the current state of the world and the resulting market conditions, sentiment seems evenly divided between those who believe the war in Ukraine has made its impact and those who believe we’re edging closer to nuclear annihilation. Are we walking into the next Great Depression or are markets primed to launch despite the uncertain world climate? Odds are apparently 50/50.

I don’t know what it means for crypto or the state of the market, but it’s truly fascinating to watch a community that can get so swept up in both positive and negative momentum become so divided on what the future holds.