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Bitcoin's sitting at $59K.
Nearly a billion in longs got liquidated this week.
ETFs bled $469M in a single day, the worst of the month.
Then PCE landed. Core inflation at 3.4%, the hottest since 2023.
Right now? We're cooked.
But pull the index back up. 13. Extreme fear.
Every major bottom this cycle got printed in that exact zone.
The capitulation always feels permanent while you're standing in it.
Then one day it isn't.
I've watched this movie before.
So have you.
Cooked right now. Not forever.