This entire recent 'bull run' was accompanied by disbelief, complaining and impatience: "Wen Strategic Bitcoin Treasury" "Wen US starts buying" "Why Gold go up and not Bitcoin" "Why M2 go up and not Bitcoin" etc. Now we've had another correction, everyone is sure its over and trying to blame OGs, ETF investors, MSTR, etc. Prior bull runs peaked with euphoria Prior bull runs saw alts outperform BTC towards the end indicating a false sense of confidence that the rally would continue Prior bear markets were not recognised as such early on Basically the masses are always wrong ETH & SOL barely made a new ATH vs USD (i.e. did not when inflation adjusted) IMO we are at the 'COVID crash' of 2020 part of the cycle. We completed the 'echo bubble' and crash but have not seen the real event. Let's see if I'm right! 🍿(Alistair Milne)