Is Crypto Dead… and Is the Bull Market Over? A Real Look at What’s Actually Happening.
I’ve been getting this question a lot lately, and honestly, I understand why. Sentiment feels heavy, confusing, and in many areas — completely defeated. So let’s break down what is actually happening in the market right now and what it may be signaling for the months ahead.
I’ve been involved in crypto since the peak of 2021, and I’ve spent the last few years fully immersing myself in mentorships, education, and day trading Bitcoin. While I stepped away from a full-time coaching roster for a while, my head was still deep in the charts, studying under some of the best minds in the industry.
Now that I’m back to a full roster, people keep asking me if I’m still trading — and the answer is YES. But trading isn’t as time-consuming once you truly understand market structure. Every experienced trader knows this: trading is a side hustle, not a full-time job. You study, you learn the cycle behaviors, you master your system… then you execute.
And with that said, here’s what I’m seeing right now.
Market Sentiment: Heavy, Fearful, and Misleading
We are likely setting up for a significant push down into lower levels. This is a classic liquidity-grab phase — designed to stop out traders, shake confidence, and take the market where it truly wants to go next.
On the daily timeframe, this type of cycle can take weeks to complete, meaning it could run right into December or even January.
Sentiment is low across the board.
Even though the government shutdown was temporarily resolved, uncertainty around a potential rate cut in December is keeping fear high.
October 6th also marked the 545-day window from the last BTC top — historically, timing windows like this matter, though they don’t dictate exact highs or lows.
We might be bottoming out now, but there’s still a likelihood that prices could move lower before a true cycle low is reached. On the daily chart, Bitcoin could retest the 800 EMA, which sits just under $90,000 USD. This level often acts as dynamic support in these cycles, and watching how BTC reacts here will give us a strong clue about whether the market is ready to shift into the next phase or if further downside is coming.
This has genuinely been the hardest cycle that traders and mentors — myself included — have lived through. Patterns are shifting, liquidity is thinner, and retail has not meaningfully entered the market yet. And without retail? True altcoin season simply cannot happen.
Some alts have run, but those are largely institutional plays. Retail-driven alts — the ones everyone thinks are “dead” — have barely moved because liquidity just isn’t there yet.
Are We Already Starting the Bear Market?
There is a possibility that we are beginning the early stages of the bear market right now.
If Bitcoin cannot get above $101,000 and hold that level, that would be a strong indication that the top is already in.
The next one to two weeks will tell us a lot.
But based on market-maker timing, it would still make sense to see one more push to the upside — not necessarily a new all-time high, but a significant retest that shifts structure.
Bitcoin Dominance — The Key Signal Most People Miss
Another huge factor here is Bitcoin dominance.
We are likely to see BTC dominance climb higher into December, which signals something very important:
👉 Bitcoin is leading the show — not the altcoins.
When dominance rises:
Liquidity flows into Bitcoin first
Altcoins lag behind
Retail feels like their bags are dead
Market caps stay suppressed
A continued rise in dominance tells us altcoin season is not here yet — and it may not come until we see a major reversal in BTC dominance. Only when dominance drops does liquidity finally rotate into alts, signaling the true altcoin season that has been missing so far this cycle.
So… Is Crypto Dead? Absolutely Not. But the Cycle Is Changing.
This cycle is behaving differently than anything we’ve experienced before.
It’s slower. More strategic. More manipulative. And far more exhausting.
But that doesn’t mean crypto is dead.
And it doesn’t mean the bull market is officially over.
What it means is:
We’re likely approaching a liquidity-driven move
BTC may retest higher levels before a true top
Bitcoin dominance will probably climb through December
Altcoin season has not arrived yet
Retail is still missing from the market
The next two weeks will provide major clarity
Whether this becomes the transition into the bear market or one last surge before the final run — we will know soon.
But the bottom line?
Crypto is not dead. The story just isn’t finished yet.
