This is a market that's gone from hope to fear. $BTC 😧

On the monthly chart, Bitcoin has fallen from roughly $126k to $60k, which is over a 50% drawdown. On the daily chart, you can see the kind of candles that usually happen when people stop asking "when moon?" and start asking "should I sell everything?" The volume spike during the drop is particularly important because it shows this wasn't just retail traders messing around at 2 a.m. after watching a YouTube guru. Big money was involved.