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The thing with crypto and many other investments is that somehow people need a justification of why something is pumping or dumping and try to 200 IQ the situation. Can someone explain why TSLA is worth 1T marketcap? Or why housing is booming? Why are gold and silver stagnant? The reason doesn't really matter, what's important is identifying a trending market and following that trend. If you wanna be the 200 IQ guy and miss out on life changing gains because the market doesn't make sense, that's your call but I'd rather just follow the herd and 50 IQ it.
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