When the bubble breaks out, people do not realize it at the beginning. When the bubble breaks out, it's always just another volatile day. "It's just a correction, a bump on the road, buy the dive, you'll recover, you wait."
Until it does and it becomes painfully evident that the bull run is over and is long, very long. And not only for the price of the red candle, but for the network, it also counts its transaction and the general interest.
No one likes the bear. But here is a little comfort: it acts in a predictable way. Network data and activity follow the price, things go below, the ecosystem recovers a balance and then makes another run – rinse and repeat. It happened several times before.
Here is an infographic that we did to illustrate the appearance of the numbers when three big bitcoin bubbles appeared.