Very happy to see such a strong market after this small correction. Looks like (for now) Crypto investors are back and buying, giving us some green.
I notice many on Twitter and online calling doom scenarios about further inflation, rising prices and the layoffs of big tech companies. And these are bad signs surely. However we should not forget to notice that, even with inflation, the unemployment rates globally are extremely low. Many signs also that inflation may have peaked already together with gas and energy prices...
Not saying all is well in any way. But investors, especially in risky markets, often are leading indicators. The fact is that even with the crash in the economy, there is still a huge amount of money on the sidelines, waiting to get back in the market. And this most likely will include Crypto.
I will look long term.