“TO the MOON”
Every time the market makes +3%, the tape starts packing its bags for the Moon. And I read this... and it makes me laugh. Not because I am a pessimist. I also want TO the MOON.
But let's be reasonable. The louder we shout “let's go”, the longer the rocket sits on the launch pad. Why is it stalling right now?
Fear index — 9. We are in the “extreme fear” zone. This is not the state in which the market is ready for feats.
Outflow of liquidity. More than $1.7 billion was withdrawn from crypto funds last week. While the crowd is packing their bags, the whales are unloading theirs.
Waiting mode. Today the unemployment data (NFP) is coming out, and on Friday — the inflation data (CPI). No pilot will start the engines until they see the weather forecast.
The market does not like expectations. It likes patience.
The Moon is not canceled. But it does not take off on demand.
Sometimes the best way to bring growth closer is to stop demanding it.
#XRP #XLM #XPL #ToTheMoon #HODL #Patience