We are going to enter a period, soon, in which big bulls will flip into big beras. Or already are.
The very same that were looking for a complacency shoulder to above 100K+ BTC or new ATHs will be calling for 40K or lower & the entire 2026 to be bearish.
The most entertaining outcome is the most likely.
Also plenty of perma bears that finally "nailed it" at the top will fail to flip bullish in time. Just like they failed to do so at the 2025 April lows or after (despite claiming otherwise, they simply were bearish the whole time)