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What’s your opinion on the current state of the market?

DontLack

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Personally I feel we’re in some sort of area where this recent pump has been buy the rumor in anticipation for an etf, coupled with some fomo. Hand in hand with that, I feel it’ll be interesting to see how long this can sustain- where in my opinion, it will eventually be unsustainable and settle back down around 27-30k.
In all fairness I’m impressed with how long it’s been able to hold itself thus far. As the broader market continues its downwards trajectory, im not confident a “BTC decoupling” is capable currently, and eventually it will fall.
What is your outlook/opinion on the market in its current state?
Do you think the next ETF news will be an approval? Or a denial?
Interested in some discussion and getting a feel for this subs opinions
 

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