Miners capitulating, the worst possible geopolitical news, security breaches, hacks of hundreds of millions, well-known projects closing and being abandoned, social media in absolute silence…
The last remaining believers are starting to doubt, selling at a loss and abandoning the game.
There is no volume, no liquidity, no innovation, no new projects worth noting, nothing interesting, no future prospects, and Altcoins keep bleeding after a -999% drop with no rebound…
The sentiment is no longer terrifying or grim, there is no fear, not even sadness, it has broken all those levels; market participants feel nothing, there are no emotions, only apathy, depression, and existential crises.
It is the closest thing to being dead alive.
If this is not the bottom... if the bottom is not very close... it is because there is no bottom.
