Just realized Bitcoin's come quite a way since that brutal February dip. Back on Feb 27 we saw BTC crash to $65,290 with the market totally panicked – Fear & Greed Index was at 14, basically extreme fear territory. Five straight months of losses had everyone pretty bearish. But here's the thing: even during that bloodbath, spot ETFs were pulling in $1.1B over just three days, strongest accumulation in six weeks at that point. That institutional buying at the lows is looking pretty smart now. Current bitcoin price is sitting around $80.20K, so we're already up like 20% from those February lows. The whole February 28 2026 period felt like capitulation but clearly institutions were quietly loading up while retail was panic selling. Conflicting signals back then – retail overly bullish on bounces while institutions were accumulating at the bottom. That regulatory clarity everyone was hoping for in mid-2026 probably helped too. Interesting how the macro pressure that crushed us in February eventually became the setup for this recovery. Worth noting for next time fear spikes hit.