The crypto prices have been way worse in the past.

But the reason people are annoyed now is because:

US M2 is at ATH

Japan M2 is at ATH

China M2 is at ATH

Global liquidity is at ATH

Gold is at ATH

Silver is at ATH

Stocks are at ATH

Meanwhile, Bitcoin and alts are trading like the governments around the world have banned crypto.

I do hope that at some point, investors will look for undervalued assets, and crypto will be their choice.

But for now, we could only wait and watch other assets moon.