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Is this the end of the cycle? Are you serious?
Look at the chart. We have only retraced 30% from the all-time high, not 80%. This is a macro-driven market. Spot ETFs are continuously buying.
• The institutions' FOMO hasn't even started.
The truly painful trend is "upward", not downward. Most people are prepared for a continued plunge.
When liquidity flows back into altcoins, the trend will be very volatile.