❄️ «CRYPTO WINTER IS ALREADY HERE». BUT THE MARKET IS SURVIVING - AND THAT'S IMPORTANT
Bitwise called the current phase of the market a true crypto winter, comparing it to surviving "like in the movie The Revenant".
What is actually happening
• the market has been declining since the beginning of 2025, not in a brief correction;
• the drop is masked by the influx of institutional money through ETFs and corporations;
• BTC is about -39% from its peak, ETH -53%, but it could have been worse without the support of funds;
• the fear and greed index is at its lows, despite positive regulatory developments.
💡 Key point from Bitwise: we are closer to the end of the decline than to its beginning. Regulatory progress, institutional adoption, and interest from governments are still present.
And it is during such periods that the market begins to look not at hype, but at projects with real economics:
where there are products, demand, and internal logic for using the token.
Decentralized banks of the new generation are developing according to this model, such as WeFi - when the token works within the ecosystem (cards, income, loans), and does not exist solely based on market expectations.
❄️ Crypto winter is not the end.
It's a filter.
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