Institutions have killed the 'fun factor' in crypto this cycle

Saylor says in one of his videos, that institutions like to buy when the volatility is low. That's when they can make big purchases. Tom Lee also said in an interview, that he prefers that the price stays low, but also doesn't reveal how they are purchasing so much ETH without affecting the price on the exchanges.

The volatility is suppressed, and hence the price for bitcoin and eth (Wall Street is involved in mainly these two), leading to lackluster performance in other coins as well. There's absolutely no doubt that bitcoin and eth adoption is growing, and that institutions are gobbling up the supply.

I don't know how long this will go on for. At some point there will be a supply crunch. But it could take months. Because of low volatility, retail participation is also very low in this cycle, because there's just no excitement and FOMO. The moment there's good news and price goes up, Wall Street kills all the action. This sucks, but it's a reminder for us to just keep stacking. And HODL.