The market is like a drunken man, stumbling into 2025 after the bull market at the end of 2024. This bull market feels both familiar and fundamentally strange. Bitcoin made headlines by surpassing $100,000 at the end of 2024. Memecoins soared like tigers, and Trump’s support for crypto ignited a feast reminiscent of Beeple's artworks, captivating yet unsettling. However, beneath the hype, this cycle is a chaotic mix of leverage frenzy, institutional restraint, and macroeconomic gambling, which could either propel the market to new heights or derail it. This is not the FOMO frenzy driven by retail investors in 2021, but a different beast altogether, and the data corroborates this chaos. This bull market is unprecedented, and some controversial truths may lead you to rethink your position at the table. Leveraged trading is not new, but the current scale is shocking. In the 2021 bull market, leverage was just a side dish; now it is the main course, mixed with the madness of memecoins. Memecoins, the fallen darlings of these crypto casinos, are the source of sparks, more intense than the fuse that ignited the wildfires in Los Angeles. 68% of meme traders admit to losing money since entering the market, yet they continue to amp up their leverage to 50x and 100x like dogs hoping to win the lottery. Why? Because Dogecoin reached $0.73, and the TRUMP token peaked at $15 billion in January 2025, turning trading into a dopamine factory. This is not rational speculation, but a tiger dressed in blockchain technology; the house always wins.
