The current fluctuations in cryptocurrency prices are not indicative of a robust market or strong investor confidence; rather, they reflect a deep-seated cycle of fear and uncertainty that is repeatedly influencing trader behavior and decision-making processes. Market participants are caught in a loop of anxiety, where heightened volatility serves as an unsettling reminder of past downturns, leading to a cautious approach that exacerbates instability rather than fostering resilience. As sentiment swings wildly, the very essence of what was once seen as strength in the market is now overshadowed by the pervasive dread of potential losses, creating an environment where fear is continuously recycled and perpetuated in a cycle that leaves little room for rational investment strategies.
source: https://blocknews.com/crypto-volatility-is-not-a-sign-of-strength-right-now-but-of-fear-recycling-itself/