What’s your opinion on the current state of the market?

Personally I feel we’re in some sort of area where this recent pump has been buy the rumor in anticipation for an etf, coupled with some fomo. Hand in hand with that, I feel it’ll be interesting to see how long this can sustain- where in my opinion, it will eventually be unsustainable and settle back down around 27-30k.

In all fairness I’m impressed with how long it’s been able to hold itself thus far. As the broader market continues its downwards trajectory, im not confident a “BTC decoupling” is capable currently, and eventually it will fall.

What is your outlook/opinion on the market in its current state?

Do you think the next ETF news will be an approval? Or a denial?

Interested in some discussion and getting a feel for this subs opinions 🙂