There are a lot of signs of a bottom all around us. Primarily there are a massive wave of exchanges, dapps, crypto tokens and platforms that are shuttering their operations.

Just in the last day I saw Bitmex announce their closure which is a big deal considering they are fairly large exchange with around a billion dollars in crypto left in reserves. Also a popular dapp I used for a while which is called Odos also announced a sudden closure.

This year I saw a total apocalypse on Aptos projects where Moar markets, Aries markets, and a bunch of others shut down.

Investors are getting scared to put any money into anything at this point considering how fragile the markets have been. The daily volatility on the stock market alone has been insane.

Anyways I think we could see a further flush to get all the remaining bulls liquidity swept up. Then the large institutions like Blackrock will buy a massive amount and you'll see a revival of Bitcoin ETFs on Wallstreet and Digital Asset Treasury Companies buying more BTC too.