As bullish as I am, here are some warnings:
-Companies changing their PFPs to Pudgys reminds me of the celeb BAYC tops in 2021
-August is historically a red month for crypto
-People are quitting their jobs & buying new cars/homes
-Crypto is approaching a $4T MC, marking nearly a 4x since the lows of 2023
But what about alt season?
There’s a very real possibility that alt season got mushed out by Bitcoin dominance and retail’s attention on memes.
Billions were extracted from the eco via the Solana trenches.
Last alt season, government checks were entering the market but in 2025, more people are living paycheck to paycheck.
So what’s the conclusion?
I think we’re close to euphoria BUT euphoria can still mean multiple x’s on your favorite coins.
If I had life-changing money I could clip out according to my own strat and life, I’d be clipping.
I’m remaining optimistic despite the above, believing institutional inflows and global adoption will still carry our bags.
I’m completely aware we could wake up in the next few weeks to a bear market and look back wondering if there were signs.
So here are the signs do what you want with that info.
I hope if you read this, and you see all my bullish posts that follow, you know I like to remain bullish over bearish.
No sense in talking about reversals and bears when they haven’t started yet.
Let’s have fun while it lasts.
Take profits, stack sats, strengthen relationships.
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