From the peak of 120K dropping to today’s 70K, that’s a 33% drop. Based on past data, the next bull market has to reach 500K, then crash back to 250K, followed by another long bear market. Eventually, everyone will slowly get used to 250K being the bottom. Just like now, everyone has slowly gotten used to 60K being the bottom. Just like in 2015, everyone got used to $300 being the bottom. Just like in 2017, everyone got used to $3,000 being the bottom. Just like in 2021, everyone got used to $16,000 being the bottom.