If it's a bear market, CT shows every emotion mixed together:

Some are still in complacency saying it is just a dip and we will rise soon (macro is good, QT ending, liquidity will flow - Wintermute)

Others are in anger blaming Wintermute, Binance, or even KOLs for their loses (CBB vs DeFi Dojo)

Others are in panic and capitulation believing the market is dead and this is worse than the covid crash.

And some borderline depressed after failing to earn anything this cycle or are totally liquidated on perps.

Personally, I'm between complacency and denial: I believe the market can turn around.

As long as macro doesn't rekt us all.

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