Black Thursday was roughly a year and a half ago, but you can still see the lingering effects of it on traders psychology. Desperately fading any coin with an outsized rally, salivating for elusive flash crashes, oblivious of other market factors.
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And every little pump is generational bottom and up only resumes. Goes both ways.
That was always the case. The "liquidation cascade" glorification picked up steam post Mar 12. Just interesting how formative some events can be.
