According to Crypto Rover, the concept of 'The Gym Pump' is gaining traction in the cryptocurrency community, potentially influencing trading strategies. The term, while not directly crypto-related, symbolizes the temporary increase in asset value, akin to a muscle pump, which traders should be wary of as it may lead to sudden sell-offs. This highlights the importance of understanding market emotions and the potential for rapid changes in asset prices. [Source: Crypto Rover]

According to Michaël van de Poppe, during extreme emotional periods in markets, traders should adopt a contrarian approach by selling during euphoria and buying during depression, which he suggests is applicable to the current market conditions. [source: Michaël van de Poppe on Twitter]