Both @eab0e756…7ab91f4f and James Check bring it up pretty frequently, and if you think about what it's showing fundamentally, it follows that the way crowds behave work as they do. Selling pressure begets selling pressure, to a point, as most people aren't interested in selling at a loss, but may well decide to take profits (to "buy back cheaper" later). The fuel behind that typically runs out as we get below that 0 mark, as most any sale becomes necessarily at a loss, and most of us in the space, even the degenerate traders, know that over time bitcoin goes up. So the selling pressure lets up, a bottom forms, and a new bull market can emerge. We're not there yet. We don't NEED to get there -- but we always have, and if I were a betting man, I'd say that this time probably isn't different.