
Market tops
Market tops almost always coincide with peak retail mania By most retail indicators we should have topped May 2021 What should have been a dead cat bounce resulted in new ATHs in Q4 2022 In hindsight, likely driven by hidden institutional leverage (3AC, Celsius, Babel, etc)

Market tops
Market tops almost always coincide with peak retail mania By most retail indicators we should have topped May 2021 What should have been a dead cat bounce resulted in new ATHs in Q4 2022 In hindsight, likely driven by hidden institutional leverage (3AC, Celsius, Babel, etc)