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There is fear around US x Iran that is stopping everyone from allocating, while also being overly bearish
> People are betting on AI being topped while also betting that AI will eat up the world in the next 6 months
> SPY is down 2% from ATH, bears are celebrating as if we're in a massive bear market
> BTC down 50%, somehow people are afraid Iran strikes will push it further down, so don't bid and/or sell
A lot of the bad is being priced in while BTC has been down for months and months, and stocks don't seem to crack yet even with max fear
Very difficult market to read atm, can find as many reasons to be bearish as to be bullish..