plebiANON on Nostr: I think part of the extra pain being felt was that never really happened. There was a ...

I think part of the extra pain being felt was that never really happened. There was a big price pump in November 2024, and basically since then, there has been zero price discovery. It was just small moves up and every move up over a couple % just got sold or optioned or shorted immediately. There never was that euphoric exuberance where you knew everything was crazy and people seemed “greedy” per se. It was a year long grind very slowly upward and then a pretty quick drawdown.