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That feeling is coming, the whole world thinks Bitcoin is dead, and without the next cycle, here it comes again.
The fear index has been in extreme fear for 7 consecutive days, always below 10.
Google searches for "Bitcoin zero" are increasing in volume.
The so-called quantum computing breakthrough that might break through decentralization technology is also challenging Bitcoin.
In the last bear market, Bitcoin plunged to over $10,000, and almost everyone thought Bitcoin was dead, then the bull market came.
In this bull market, Bitcoin directly reached $120,000, and many people believed Bitcoin would go to $150,000, then the bear market arrived.
Of course, these two groups are actually the same people—buying at the peak of the frenzy, selling when the crowd is quiet.
The bear market sentiment has arrived, but it's not enough yet because the long-term retail investors haven't been wiped out. Some believers in the long term still haven't wavered. When no one is bullish anymore and faith is gone, the opportunity will come. But many people will have already left.