The fear and greed index is at "extreme fear" and bitcoin's value has plummeted from 350K to 65K which is below its previous ATH from the 2022 bull run.
Thousands of new investors who entered the market in the 2025 bull run are googling the word "capitulation" for the first time.
Elon Musk has announced he's running for president as a Republican in 2028, and has a pro crypto platform. Despite falling over 90% from its ATH, Elon continues to shill Dogecoin as a valid form of currency. His tweets no longer seem to have an effect on the price of Dogecoin as most investors now see his long lived obsession as being out of touch.
Centralized exchanges now only able to offer rates around 1 - 2% after all the SEC regulations that were put in place to protect consumers after the 2022 crash. This still attracts new investors looking to make some passive income on their bitcoin, despite the recommendation of seasoned crypto holders still bitter about having their funds frozen by Celsius.
The top posts on r/cc are mostly meta posts about the community, criticizing other posts and judging perceived sentiment from members of the community. People will comment "I bought bitcoin at 40K in 2022 and I'm doing fine". Others will reply "Wow, you have a lot of willpower not selling at 350K". For some this is true, and for others they just did a poor job taking profits and are content to wait it out until the next bull run.
"At least I learned some important lessons". They tell themselves. "I'll change my strategy and do better next time".
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