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RE: Overwhelming FOMO... Is Bad for You!
Instead of FOMO and FUD, what I am looking at during this bull market is these 30 indicators: https://coinmarketcap.com/charts/crypto-market-cycle-indicators
Considering the exposure CoinMarketCap has, these indicators could end up being a self fulfilling prophecy. With zero indicators triggered, I would say we are in a safe zone for FOMO.
0.00098811 BEE
For crypto, in general, yes, we are probably just at the beginning (maybe toward middle, depending on where you consider it started) of the last phase. And the indicators you linked probably offer a good-enough image, unless people wait for too many indicators to trigger. For specific tokens, I'd be more careful, since not all of them will top at the same time.
One thing I have come to realize is that the biggest correlation ETH and BTC has with is the money supply. Any interest rate cut could have massive implications.
https://inflationchart.com/eth-in-m3
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