For many the fact that we just crossed our ATH from 2017 was apperantly very bad and kind of made up that we are now just back at where we started five years ago with no progress. I can say that this is completly wrong as the sentiment required to be at those price levels is the complete opposite right now. That's indeed some big progression we made over the years.
Back in 2017 everyone was completly euphoric about us reaching 20k as it was a literal 120x from the prior bear market low. Now five years later we just dropped to that level and we are at one of the biggest fear phases Crypto ever had.
This may seem obvious but again many tend to forget that and just concentrate on the price as a number. The price should always be seen in contrast to the current market sentiment.
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