I analyze the price movements in some memecoins and cannot believe this is true. It's incredible that crypto traders are so irrational. Nothing has changed since early 2021. You are making the whales even richer but most of retail traders who are long in #PEPE and #PEOPLE will end up in huge losses. This is just another FOMO. What happened with #DOGE and #SHIBU? Where are they now? Admit it or not, but the crypto market is built on cheap money. 4 rate cuts were ptedicted for 2024, so #BTC reached new ATH. Today's CPI reading has utmost importance for crypto markets; if it comes above 3.5% YoY or 0.4% MoM, things will turn ugly. If rate cut expectations in 2024 go down to 1 or no rate cut at all, #BTC may pull back to its January levels seen before the ETF approvals. Get prepared for a perfect storm in that case, especially #PEPE holders