I look for the comments to change from "buy the dip", to "this project is shit", to "we are the smart ones to buy right now"....
Seems we still have some more to go when that desperate feeling starts to set in. When it feels like it wont end. We really havent had too many major failures yet.
I feel like we need at least one more major failure, and to reach that point where people are selling out of not just desperatnous, but out of pure giving up and accepting we were in bubble. That we will never see the previous prices again and accept this is the new reality. That we were stupid to think BTC was worth 5 digits
Feels like too much hope is left if the common question is wondering how long it will last (seems thats what I see commonly right now). We need even long time belivers to lose hope still. I dont think we have reached max pain. The kind of pain people get when their life savings were in a firm that closes its doors, along with thousands of other people.
Sad times ahead, but hopefully it all just turns around before then and surprises everybody.