Every cycle has a cleansing phase. We’re in it now and most people don’t see it because they think it’s just the chart being red.
The market is quietly removing the people who shouldn’t have been here in the first place. The leveraged longs got flushed. The Twitter influencers exit-liquidating their audience are losing their followers in real time. The zombie protocols are dying without ceremony. The founders who got rich on narrative are quietly handing off to founders who actually build.
This always happens. 2018 did it. 2022 did it. 2026 is doing it again.
The people who think the bear market is the end are usually the same people getting cleansed by it. The ones who survive each one come out with better positions, smaller egos, and a clearer view of who was real and who was just early to the right trend.
Don’t fight the cleansing. Get small, stay liquid, and pay attention to who’s still building when nobody’s watching. Those are the names you’ll be working with for the next 5 years. 🤝