This bear market is indeed played differently from several previous ones in history.

Every time we enter a Bear Market, it has been a gradual decline filled with doubt. Even as the market drops, people still deny it; a slight rebound makes them believe the Bull Market is coming back. The whole process is a cycle of ups and downs, with emotions being repeatedly torn apart.

This time? Surrender came particularly quickly and thoroughly. There are even voices in the market saying, "This is the last round of the crypto bull market."

This statement itself is actually quite interesting - when such extreme views begin to spread widely, they often tell us something. This is a very typical market signal.