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In this wide-ranging conversation, Bitwise CIO Matt Hougan breaks down why recent crypto pullbacks are far less alarming than they feel and why investor psychology, not fundamentals, is driving short-term volatility. Hougan explains how repeated weekend sell-offs and after-hours macro announcements have conditioned crypto investors to de-risk heading into Fridays, creating fragile liquidity and exaggerated moves despite markets being essentially flat on the year. Hougan argues that the fear is wildly out of proportion to reality. With the Fear & Greed Index sitting in the 20s, investors are “freaking out” over a market that hasn’t actually gone anywhere. In his view, this is a healthy sign. Crypto trades 24/7, but humans don’t. Liquidity naturally dries up on weekends, while major geopolitical and policy announcements often hit after traditional markets close. Crypto’s always-on nature means it absorbs shocks immediately, sometimes unfairly, making short-term price action noisier than long-term fundamentals justify. Thanks For Watching Our Video 🤗 Please, like, comment, subscribe, and ring the bell! EVERYTHING helps us grow!. Subscribe Here: / @digitalcoin622 CREDITS: Empire 🔥 Watch The FULL Interview: • Institutional Flows Will Overpower the 4-Y... 👉 FINANCIAL DISCLAIMER This channel is intended to share tips and investment videos by experts. We DO NOT GIVE FINANCIAL ADVICE! Please consult a licensed financial advisor and do your own research before making any financial action.