🪖 Throughout March and early April, crypto traders overwhelmingly pointed to Middle East tensions and war-related developments as the primary reason for weak crypto market performance. Mentions of countries such as Iran and Israel, along with broader discussions about war, surged whenever prices stumbled.

😠 Now, that explanation has changed dramatically in recent days. As war-related discussions faded, social media attention shifted toward discussions involving Michael Saylor and Strategy. Following Bitcoin’s latest decline, traders increasingly focused on Strategy’s influence, leverage, and recent selloff (albeit a very minor one). Whether the concern is justified or not, the chart illustrates how quickly crowd narratives can rotate.

🔗 Check out the rate of war-related topics across social media formus on this chart here!

🔗 Check out the rate of Saylor & Strategy-related topics across social media forums on this chart here!