The market in my opinion should be going down right now, these bullish days make me skeptical after what’s happened in the last month with FTX.
Before this fiasco the market was going up from a “bottom” and so this could just be a natural cycle but it does not feel like it at all and now there are a bunch of articles popping up from financial institutions saying “this wasn’t a crypto failure it was a centralized system failure”
Sorry if this isn’t well written and it definitely isn’t* TA I just want to open a discussion on everyone’s feelings about the market right now and whether I’m just being extremely skeptical
Edit: Some weird things : https://vinibarbosa.substack.com/p/nano-pumped-170-in-30-minutes-what
Nano is up 90 percent today
JP Morgan says FTX collapse may help move crypto forward
Just weird stuff in my honest opinion and I appreciate everyone being civil
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