I’m not a believer of this rally at all. CPI data has inflation rising 9.1 which was higher than expected. Nothing has fundamentally changed with the war or supply chain issue and don’t forget they will be announcing if we’re in a CONFIRMED recession at the end of the month.
Dot com and 08 both had rallies of over 10% (which is a lot for traditional markets). Also ethereum had over 100% rally last crypto winter right before the final plunge.
No one knows shit about fuck at the end of the day but rallies in a bear market are just like dips in a bull market. Not a straight line up or down (unless you invested in Luna R.I.P.)
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