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The term "monkey market" means treating everyone like pigs to be fooled. Buying wealth management products with a full position (likely referring to leveraged funds) means long on yourself.
Monkey Market's signature move: "Painting Door" pattern – a double whammy for both bulls and bears.
Many people are bearish, but the environment of the Fed's intermittent rate cuts doesn't fit a major bull market, nor does it fit a major bear market.
Past events like Luna, Three Arrows, and FTX may not have the same negative outcomes this time.
Therefore, a volatile market might truly be the definitive answer.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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