Lately, I’ve been seeing people toss around “Sell in May” . But has anyone really looked at the numbers? BTC averaged +7.4% in May across 2013–2024, but the median return? Only ~1%. Three of the last four years were red. Now in 2025, ETF flows are split (IBIT +$2.4B, ARK/FBTC outflows), macro’s shaky (GDP -0.3%, unemployment ticking up), and yet BTC still rides a “Greed” wave
So… are we acting on data or just reflexes?
Are these moves about the market, or about what we think others will do?
Feels like most traders today are front-running narratives, not price