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Look at the position of altcoins compared to Bitcoin.
Then compare with other markets.
The market structure does not match.
Because this cycle is unlike any before.
2026 could be a surprise.
The crowd that said the bear started at the highest moment of fear may be on the wrong side as usual.
A coin bought for $1 with a target of $10 or $20 can be acquired with a target of 10x or 20x.
But it is thought that it cannot do 10x or 20x when it drops to $0.10 or $0.20.
A system that leads one to think that 10x 20x is possible from $1 is causing the loss of all beliefs even at just 2x from $0.10.
Classic reverse psychology setup.