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Hey ET Fam! Happy Monday! I hope the weekend has been as epic for you all as it has been for me. It seems that the relief pump has been continuing, and now people are slowly being lulled back into believing that we’re back to the regularly scheduled bull market. I hate to be the bearer of bad news, but I don’t think that we’re any closer to the market being micro bullish at the moment. All you have to do is observe what’s been occurring in the news for the past few weeks and months. Every week there are new reports of huge companies laying off significant portions of their workforce (even though reports are saying that the labor market is going crazy), regulation is still looming, insiders are dumping stocks like crazy, and meme stocks and coins are attempting to make a resurgence.
All of the data is pointing towards imminent disaster. I know that some of you may think that this is an overly dramatic or pessimistic take, and I’m fine with that. I’d rather give you all the harsh truth, that watch you be caught off guard without warning. As long as I post content, I will continue to unapologetically deliver you all the truth whether it be sobering or not. So, please tune in as I keep a close eye on everything that is happening in this current climate.
Much love ET Fam! Talk to you all soon!
00:00 – Intro
01:15 – Unreliable price action
02:40 – Gen Z meme gambol index
03:23 – This a new bull market
04:36 – Insiders are dumping the most stocks since January
06:24 – Bear market declines tend to be backloaded
07:33 – Labor market going crazy
08:13 – Circle freezing Tornado users funds
08:46 – Investing in crypto has become contrarian
09:49 – Patience is key
11:55 – Outro
#nft #ethereum #defi #blockchain #crypto #cryptocurrency #bitcoin #btc #eth #news #protocols #sidechain #altcoin #nftmarketplace #opensea #cryptoart #protocol #altcoins #nonfungibletoken #dao #sidechain #layer2 #erc20 #erc-20 #token #coin
DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR
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▶ CEX Website: cex.io
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