I guess you have all heard it by now if you spend any second in this sub. The judge in charge has ruled that XRP is not a security. Because of this most claimed securities like ADA, MATIC and SOL can probably refer to the Ripple case and have a good chance to win against the SEC.
Since this moment the mentality in this sub shifted from being somewhat bearish to ultra bullish. It feels like everybody put their bull hat on and people already try to predict the next Bitcoin ATH.
Well, I think it is way too early to call this the beginning of a bullmarket. The fundamentals have not changed, liquidity is drying up on alts, the economy is not doing too well and we are still in the pre halving year which tends to be not too great either. Yeah the pump the last days was pretty nice but we have just won back what we lost when the SEC started their crusade. Most alts are still down way over 90%.
I am not a bear by any means and I am DCAing every month but right now is not the time to FOMO into your favorite altcoin as you will most likely get rekt in the coming weeks or months.
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