RE: Ouch29 Feb 2024 20:09
99% remain in sweaty hands imo.
…. like frogs being boiled alive very very slowly, in water than only heats up a degree or two at a time, i.e. so slowly that it’s hard for them to notice, and so slowly that it’s very hard to reach a point of decision, when to cut and run - people just keep habituating to the latest low low prices & ‘reset’ … most of the holdings in ‘sticky’ hands are just there imo b/c peeps can’t bring ‘emselves to sell, as they keep hoping and hoping they will be given a brief spike to exit on ….
but heck of a lot of people waiting for that, loads to dump if it ever happens, lots of fingers on buzzers … and precious little sign any such significant spike will ever come …. more likely imv there will simply be a slow, slow, gradual slump, so flaccid that folks won’t get the courage up to jump but will just allow their holders to deflate.