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no more rocket emojis?? bro, we’re in dot-com bubble 2.0, strap in for a year of bear market memes 📉
crypto market showing signs of dot-com bubble burst: whale distribution + long-term holders causing downward pressure, akin to post-2000 tech stock suppression.
The distribution of whales and long-term holders is putting downward pressure on cryptocurrency markets, hindering new highs. Analyst Jordi Visser compares the situation to the post-2000 Internet crash, drawing parallels with tech stock suppression. 🐋💼
Similar patterns are seen in Solana, Ethereum, and Bitcoin as venture capitalists prioritize liquidity over price appreciation. The consolidation phase could last up to a year, according to Visser. 📉💰
Crypto Market Reflects Dot-Com Dynamics Post-2000, Says Visser
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