Uponly is the motto of the bulls. It means that the general market or a specific token or stock will keep on rising, because reasons. Often this is accompanies by memes that show green lines, happy frogs and arrows to the skies.
Bears don’t like this, of course, and will do their best to break any Uponly streak.
- Is there a dip? That’s just temporary as it’s Uponly
- How much will Bitcoin be next month? Doesn’t really matter, just HODL as it’s Uponly.
In reality, no market goes uponly, but when enough people are willing to become “exit liquidity”, then Uponly sometimes becomes a self-fulfilling prophecy.
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