Mid-winter vibe check for folks that’ve built through past ones:

In what key ways does this one feel similar or different?

Same feeling of being out at sea without wind. 

Different in that post-FTX branding for crypto will take more time to heal. But also way more useable infrastructure with L2s, AA, general EVM roadmap.

Oh I have a take as I've been through this a few times by now. Past bear markets ended with a feeling of a new opportunity unlocked in the form of an obstacle removed. BTC runs with being this unfettered cash and renewed interest through other attention-bringing events.