I sold my SOL to the Devil and all I got was this stupid T-Shirt!

In today's installment of "I sold my SOL to the Devil and all I got was this stupid T-Shirt".

KISS: We are still in a bear market, the broader trend line is bearish, don't be fooled by the short term bullish trade trendline.

If you've been paying attention throughout this bear market we have gotten multiple relief rally traps blowing up right in your face if you've been sucked in. If this is your first bear market you are learning that this is exactly how they feel.

March 2020 was not a bear market. That was an exogenous event that caused a sudden market collapse and so long as you didn't go to cash you were fine since it rebounded insanely fast. People get worried the world is ending, then they realize it isn't and it's business as usual. That's not a bear market.

The shutdown of the entire economic system exacerbated the pending bear market. That's right, I didn't say caused it, because that's a bullshit political narrative. I look at data and economics and it was coming even before March 2020. We saw REPO rates spiking in Sept 2019 and the market puked on itself in anticipation of bad things ahead, and then weird things started happening in the world and everyone forgot, because we are goldfish.