If we assume that this is already the bottom of the crypto market, then quite strange things follow

— This will be the shortest bear cycle in history. Just over one quarter (120 days).

— The most unsuccessful “buy the dip” strategy in the industry (Nakamoto): buying nearly at the peak with an average price of around $118 000, selling only 5% of the position at a loss of about 40% to survive, while 95% of the remaining Bitcoin position still stays on the balance sheet

— Near-total absence of mass closures and capitulation among hundreds of companies with crypto reserves that entered the market in 2025

People want to believe that the worst is already behind us just because prices have fallen. But in reality, the market has not yet gone through a full “cleansing.”#GateSquareAprilPostingChallenge