Where Has the Excitement Gone in Crypto?

Maybe I don't hang around in the right circles (or maybe I do), but I don't see much excitement in crypto lately. That to some degree affects me too. I feel more tired than excited for what's to come.

I'm sure there's still a lot of uncertainty in the air with the way tariifs and other geopolitical aspects will eventually fall either in place or apart, but there are also developments that happen that will eventually moonshot the prices and businesses in crypto, I have almost no doubt about that.

Among them... more interest from bigger businesses in developed countries to accept crypto payments, the SEC turning the page and having an opposite policy compared to before, with over 70 crypto ETFs waiting to be approved. I heard an interview with someone from Trump administration saying they are still aiming to have regulations out by August. Big banks and corporations are in waiting for that to happen before they make bigger moves in crypto in the US. By the way, Russia and China are moving more seriously into crypto too.

Yes, with that we also see the anomalies with Trump aiming to gain from crypto directly and using his position to do so. Hopefully, that may also mean something good for crypto as a whole also. I have my doubts I expressed often about the direction we are going into, but it's not like this direction will change...

Has everyone noticed we've been in uptrend since before the first half of April? Some coins (SUI, among the ones I follow and have some) absolutely crushed it this week. I wouldn't make the mistake of swapping to them without knowing something concrete, from other coins that haven't experienced the same level of price surge. While we may not experience the same level of rising tide that lifts all boats than in the past, it is also risky to buy something that has already pumped.

I said even before this uptrend started that we will likely have an uptrend in April and May. Not all my predictions in the past came true, a few of them due to the "Trump and tariffs" effect. I'd say it is possible to have the uptrend continued in June too, or part of it, particularly if we have some good news in between (including some trade deals signed). I think the 3-months deadline on tariff suspension comes at the beginning of July, doesn't it? It's likely many countries won't have a deal by then... What do you think? At least rhetorically, Trump we'll still ramp up the tariffs talk, which he may or may not suspend again afterwards. But that will send some shock waves in the markets again...

On Hive, we've been on an uptrend too. If the crypto uptrend doesn't slow down at the wrong time for us now, I see this resistance broken soon, maybe even with a bigger jump when it does, because we've been preparing to go through it for a while now.

For SPS... I see another uptrend coming too. We had a pullback right before the Conclave Arcana presale started and continuing for a while, as people needed DEC for the presale, but the idea is, the higher the price of SPS is the more DEC you get for it... So yep, I'm expecting the price of SPS to go up again. 😀 But use your own logic, don't rely on what I say.

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