This chart is all you need to understand current crypto sentiment. It tracks the entire crypto market excluding BTC and ETH. If this were an index and you bought it in November 2021, you’d be -40% today. Now add the fact that since then, a ton of NEW coins were created. Total number of coins in 2021: <4k Total number of coins in 2026: >20k ~ In other words, if you bought one of every coin outside BTC and ETH back in 2021, you’d likely be sitting on a ~90% loss today.(𝗰𝘆𝗰𝗹𝗼𝗽)