Bloggers going en masse into crypto in 2021 proved to be  near the cycle top and judging from my last crypto-related post, I have also been a pretty good bottom indicator for crypto. Following the FTX fall-out and having sent some friends/readers into “permanent losses”, I capitulated at the market bottom. I simply stopped buying until recently. A little bit of self-mocking, but maybe an inverse-15HWW crypto indicator would have done really well. And if you believe in “not taking advice from losers”, read the rest of the following with a shovel of salt. Assessing The Carnage Crypto continues to surprise. I thought I could easily take at least 6 months off after the FTX collapse since confidence in the industry was at an all-time-low. But it took less than 2 months for the community to brush it off and green shoots to appear. My Twitter timeline is insanely bullish, maybe people just pumping their own bags....