Yeah, thats a totally fair point. Prior cycle PTSD is a huge factor!
hmmmm, whether there is logic behind my unease is a great question. I don't think so - this is just a hunch/feeling. Hence why I consider it only one data point to inform my outlook. Other than that, things look decent imo. Price is good, the market digested the Binance news well, we are potentially coming to the end of a rate cycle, things are looking up.
But conversely, there is still the GOX overhang, some FTX stuff to clear up, CB is still in court, DeFi under the microscope, L2 uncertainty etc. So maybe there is some negative catalysts in the future. I also sometimes worry when price moves quick as we get a huge OI increase and then a big washout - seen that happen a few times.
But great points all around - maybe its ape time?