Title: Is the Crypto Market Becoming "Kafkaesque"? 🏛️ 📉
The recent price action in $BTC and $ETH feels like a scene straight out of a Franz Kafka novel. We are standing before the "Law" of the market, waiting for a sign, while the charts are moving in the sideways corridors that seem to lead nowhere.
As of today, Feb 17, Bitcoin is testing the $68,000 support. To the undisciplined eye, this looks like a "worst Q1 in years" (down ~24% YTD). But as Kafka famously wrote: "Paths are made by walking."
In crypto, we often find ourselves in a "Trial" where the rules seem to change every hour—macro data, CPI prints, and ETF flows create a bureaucracy of information that can overwhelm the individual. But here is the philosophical truth: The absurdity of the market is where the opportunity lies.