Part 4/13:
Woo observes a notable shift in market dynamics over the past six weeks. Previously, large institutional players and high-net-worth entities—including hedge funds and family offices—dominated buying activity. Now, a surge of retail investors is entering the scene, with on-chain data showing a spike in user onboarding that signals widespread retail participation.
This influx of smaller buyers has pushed prices upward, creating more room for volatility. Woo warns that retail-driven markets can become highly emotional, with sudden surges and sharp corrections—fomolish behavior can reverse quickly into fear, especially if buying dries up.