“Crypto Pros Are Buzzing While Everyone Else Sulks”

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Matt Hougan, the chief investment officer at Bitwise and apparent spokesperson for optimism, recently took to social media to highlight the *split personality* of the crypto market. According to him, professional investors are “extraordinarily bullish,” while retail sentiment is currently at rock bottom. Like, *digging-a-hole-to-China* kind of rock bottom. “It’s like living in two completely separate worlds,” Hougan mused. 🌎✨🌍

Meanwhile, Jeff Dorman, the chief investment officer at Arca, chimed in with his own take. “We’ve never had more bullish news in our industry’s history!” he exclaimed, presumably while staring at a chart that no one else understands. “Yet the ratio of positive news to sentiment/price is basically infinity.” So… basically, the math ain’t mathing. 🤷‍♀️📉

Dorman assures us, though, that this is just a *social media mirage*. Traditional finance is allegedly rolling out the red carpet for crypto, even if crypto is still “tiny” and “largely irrelevant” in the grand scheme of things. Wow, thanks for the pep talk, Jeff. 🥲

In a bold prediction, Bitwise claims that Bitcoin ETF inflows in 2025 will outshine 2024 like a disco ball in a cave. Oh, and Bitcoin is apparently going to hit $200,000 this year, because why not? Meanwhile, back in the real world, Bitcoin is struggling to stay above $100,000 and is currently parked at $98,196. Maybe it just needs a hug. 🤗💸

Memecoins: The Titanic of Crypto 🚢🐕

Retail investors might be feeling the blues because they’ve been drowning in the meme-coin whirlpool. Solana-based dogwifhat (WIF) is down more than 85%, Bonk (BONK) has nosedived by 70%, and Shiba Inu (SHIB) has dropped out of the top 20 like a bad Tinder date. Ouch. 🐶📉

So, while the pros are popping champagne, retail investors are left holding the bag—literally, it’s full of worthless memes. Maybe it’s time for retail to join the pros in their bullish echo chamber? Or at least, get better memes. 🤔🍷

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2025-02-07 22:03