At this moment, everyone is bearish, even the once die-hard bulls are bearish. The most important signal is that when people in the crypto world are extremely uncomfortable, even the old OGs are calling for a downturn, including partners from Multicoin Capital. It feels just like the peak of the last round of panic.

Why does everyone call for a downturn during bearish times? Because only when all bad news comes together can it have the effect of driving prices down.

These people in the crypto world are extremely dangerous, and they are not good people. What they say and the direction of their funds may not necessarily align. Calling for a downturn while increasing positions; calling for an upturn while reducing positions. That is their basic operation.

$btc#btc