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All moments › CLARITY Act Failed, Fed HIKE Tomorrow — What Happens to Crypto Next?

Shakeout phase: FOMO buyers chasing missed moves, natural pullback after big rallies.

From CLARITY Act Failed, Fed HIKE Tomorrow — What Happens to Crypto Next? · jumps to 29:39 · speech

▶ Open at 29:39 on YouTube
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A lot of this stuff, it's like big breakout. Now we're getting the pullback. I think a lot of people it's here because they felt like they missed the move, right? Like, you know, you missed the move here. You're like, OK, I got to get in. How do I get in? And I think a lot of people are feeling that way on. of this stuff. So naturally getting some sort of a pullback now is not surprising at all. Huge move up on Zach. Now it's getting a bit of a pullback. Nothing goes up in a straight line, right? So like from an emotional perspective, when you see this, it's so hard not to press the green button, but that moment that you press the green button, that's when you get what would have been the better long, even though you were right and it was going to go higher, you have to either eat this drawdown or you end up getting shaken out. And I think this is kind of what we're seeing across a lot of this stuff, you know, right now is just a bit of a shakeout and a pullback.
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