December 2017: Bull FOMO || December 2018: Bear FOMO

To me this feels like December 2017 — except in reverse.

In my opinion the sell >> short cycle for ETH is nearing a point of diminishing returns.

Whales have 2xd or 3xd their stacks — accumulating heavily, and institutional investors are as well. Whales are moving large sums of eth to their wallets.

When things get crazy — in either direction — it's best to take a step back and think hard about what's may be going on behind the scenes.

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