People obsess over price because it’s the loudest signal. But price is almost always the last thing to move. Macro is already shifting for Bitcoin and the rest of crypto - liquidity, regulation, infrastructure, incentives. That stuff doesn’t show up on a chart overnight, but it sets the direction long before price reacts. By the time price confirms it, positioning is already done. That’s why the biggest moves never start with excitement. They start with boredom, disbelief, and people saying “nothing’s happening.” Price catches up later. It always does.(David Gokhshtein)