Earlier today, a well-known crypto analyst voiced concerns about the current state of the market, stating that he has an uneasy feeling. Posting on X, the analyst admitted that while hard to explain, something feels off.

He pointed to several factors fueling his discomfort, starting with the growing disconnect between retail traders on YouTube (YT) and Crypto Twitter (CT), where sentiment is at odds more than ever before. He also observed a surge in meme coin activity, while alternative coins (alts) have remained relatively flat. On top of this, market sentiment has been flipping between bullish and bearish at an unusually fast rate.

Additionally, he remarked on the rapid pace of market rotations and noted that the market had already aggressively priced in Q4 and quantitative easing (QE) expectations, all while geopolitical tensions add to the uncertainty. Despite strong bullish arguments—such as the upcoming election, positive macroeconomic indicators, and seasonal factors—the analyst has opted to de-risk part of his portfolio, locking in profits as he navigates the uncertain short-term outlook.

In a follow-up, he explained that his decision wasn’t purely driven by trading instincts but by the absence of clear bullish signals in the near term. He described the market as feeling like a “coin flip” and prefers to step back until he feels he has a clearer edge before making further moves.