Matt Damon’s crypto ad premiered October 28th 2021. BTC topped around 2 weeks later. Was the ad an obvious top signal?

I remember it well. It was my first cycle, in fact I’d only been involved with crypto around 8 months at this point.

In my naivety I thought this ad was great news for crypto, a sign of real bullishness and an exciting new level of awareness for all of crypto.

I feel far more level-headed about all things investing these days. Lots of people talk about the hype, the FOMO, and the clear signs of euphoria that suggest the cycle is coming to an end. I hope to be able to identify moments like Matt Damon’s crypto ad as a signal to get the hell out of the market, but is it that easy to call?

To the seasoned among us, how was this ad really received? Did it present as a clear indication the top was near? Or was there something else that gave you exit vibes?