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Hey E.T Fam! Happy Monday! I hope all of you had a wonderful weekend. I’m here with another market update for the fam! Today’s content will be peppered with a bit of a warning. Today we’ve been seeing a bit of a bounce in the crypto market. Now I know we’re all excited to see a rally, but please do not fall into the trick of FOMOing.
It is important to understand that throughout history, there have always been bounces during bear markets. These are to be taken with a grain of salt when the macro environment is showing a continuous downtrend. When you look at the broader markets, stocks are taking a beating and companies are continuing to decrease their workforces. This doesn’t lead to a bullish market.
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DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR
