60% on some polls thinking the bull run is over is interesting. There are certainly a lot of things at play for sure and I'm trying to quantify all of it. For one a lot of people have TikTok brain so they are onto one thing and then onto the next thing. Also large percentage pullbacks are mentally devastating dollar value wise on BTC. ETH heads are on borderline suicide watch because the price hasn't went crazy there but personally I don't think it will because so many people have moved to other chains because the gas prices were out of control.
Also sports betting in the United States has become a huge thing so I have noticed a bunch of guys getting blown up doing that instead of crypto this cycle.