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The fear index has hit 10, and yet $BTC can still pump 3% to touch 63k, I'm just amazed.
Honestly, when I saw fear at 10, my first thought was "it's gonna crash", but today $SOL just surged +3.5% to 65 bucks, moving faster than Bitcoin. Over at the ETF side, 4.5 billion bucks flowed out in 30 days, and 67% of retail traders are still long — if this data was from before, we would have seen a bloodbath, right?
But the market just loves to go against the grain. The more fear there is, the less it drops; only when everyone thinks it's safe does it bury you. Next Wednesday, the FOMC meeting is coming up, and it’s gonna be a bloody mess.
Right now, I'm just sitting tight. To be honest, messing around in this kind of market is just giving away money; might as well sip tea and watch the show.#USMayCPIHits3YearHigh #MyGateTradeStory