Loma(@LomahCrypto):It has occurred to me that people are confusing their meme coins as proxy for the trend of the crypto market. Our meme coins being down does not mean we're in a bear market. The meme coins being down is actually a combination of limited liquidity spread thin by low barrier-to-entry launches and extractive KOLs being good at extracting. Ex: a mediocre burglar but you keep your doors unlocked with zero cameras or other precautions. Too easy for people to mistake noise as signal. New wars, AI/SI, interest rates, etc. headlines every other day. The level is $78-81K, we could trade and consolidate here for a few weeks or months. Price not moving up as fast as you'd like is not bearish. Bull.

2026.10.19 02:04

It has occurred to me that people are confusing their meme coins as proxy for the trend of the crypto market. Our meme coins being down does not mean we're in a bear market. The meme coins being down is actually a combination of limited liquidity spread thin by low barrier-to-entry launches and extractive KOLs being good at extracting. Ex: a mediocre burglar but you keep your doors unlocked with zero cameras or other precautions. Too easy for people to mistake noise as signal. New wars, AI/SI, interest rates, etc. headlines every other day. The level is $78-81K, we could trade and consolidate here for a few weeks or months. Price not moving up as fast as you'd like is not bearish. Bull.