This is officially the biggest #pullback of the entire cycle.
We haven't seen a drawdown this deep since the early #breakout phase, and the sell pressure right now is hitting from every angle: long-term holders, short-term panic, and pure fear in the market. #Sentiment is horrible, liquidity is thin, and everyone suddenly thinks the top is in.
But these are the exact #conditions where #Bitcoin has historically reset, cleaned out leverage, and prepared for its next leg.
Cycles don't end on confidence; they end in euphoria.
Right now, all I see is fear.