The current market has a trading volume of 2.4M but only a market capitalization of tens of thousands. This means everyone is unwilling to be the last one holding the bag and is retreating early, running away from the market.
Why is this happening? Don't listen to too many stories and boastful statements; those are just for creating a persona. The truth is, the first spot market of this cycle ($giggle) continued to fall, causing alpha to also continue to fall. This chain reaction directly impacts the new meme, making everyone afraid to enter the market.
