In this video, Lark addresses the recent crypto market drop and explains why he sees it as a normal correction rather than a major red flag. Here's a quick rundown of his outlook:
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Pullback Was Expected: After a big run-up, some cooling off was inevitable. Many traders got liquidated after going long into resistance.
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Bitcoin Is Stable: Despite the noise, Bitcoin is holding up and consolidating — a healthy sign. No major warning signs of a top yet.
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Altcoins Hit Support: Coins like Ethereum, Solana, and Dogecoin have pulled back to strong technical support levels, offering potential trade setups.
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Institutional Demand Remains Strong: ETF inflows and corporate buys continue to add pressure on the supply side, especially for Bitcoin and Ethereum.
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Leverage Washout Is Normal: High-risk positions are being cleared, which helps reset the market and build a healthier base.
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Positive Signs from Bonk: The Bonk Fund's buyback strategy is gaining traction and showed strength even during the dip.
Takeaway: Lark views the pullback as part of a normal cycle, not the end of the bull run. He remains bullish, especially on BTC and ETH, and encourages smart, risk-managed entries.
