This is still crypto guys. We can be down 40% a month and up 80% the next one. Dont call it straight up a crypto winter, not until we are in red for half a year.

As we see crypto is crashing and burning currently. And this with all seriousness is indeed a bear market as we are down 40% from the ATH. And BTC saw its 7th red day in a row for the first time since 2018.

All very bad I know. But don't straight up call it crypto winter. We have been in deep red for barely 2 months now. That's nothing but a similar bear market as in May but even smaller and slower.

Crypto is volatile. Thus just another demonstration of that.

Saying it also happened in 2018 does not change it. Hystory and the future and two completely different things. It can repeat, ryhme or just do whatever the fuck it wants as it's usually in crypto.