$BTC
🚨 This is absolutely insane 🚨
On October 6th, crypto markets hit a record high market cap of $4.3 trillion 🚨
Today, the crypto market is worth just $2.3 trillion, losing -$2 TRILLION worth of market cap in 4 months 👀
In other words, ~46% of crypto's entire value has been wiped out since October 6th ⚡️👀
Bear markets arrive when markets least expect it
Market cap reflects marginal pricing, not cash destruction
When optimism peaks, positioning becomes crowded
Crowded trades unwind fast
That speed feels violent
A 46% drawdown is large, not unprecedented
Crypto has done this before
Several times ↩️
High volatility is the price of speculative growth
It attracts fast money first
Fast money leaves first ↔️
Bear markets rarely announce themselves
They start quietly ↩️
Confidence fades before headlines change
What matters now is not the loss size
It is who is forced to sell
And who can wait
Markets reset expectations this way
Excess gets cleared
Noise rises
The surprise is emotional, not structural
Cycles repeat
Only memories change ⬇️
🚸 Warning 🚸 I do not provide financial advice 🔞The intent of this content is for you to be aware of market conditions before starting to invest 👌Thank you for reading 👌