Now Bitcoin is at 5100 level, Eth is at 150 level, Crypto Market Cap is around 170 Bil. USD, I know it's frustrating, but if you will look for the charts of the last bull runs, you will find that bull run comes after this period of FUD and Capitulation.
Prices may drop more than these red levels, may stay at these levels, but will never stay like that, it's not a wishthinking, but it's reality, But if you believe in crypto, you know that good news are coming, Bakket, ETF... etc.
Crypto is not a Bubble, nor a ponzi scheme, it's the future guys. Just Hodl and be patient.
Can you tell me the proof if this market is not a bubble? How about pump and dump? Please there are dozens of article that can argue your statement. This is a speculation market which can be considered as a bubble. there was on actual price and everything is volatile. There was a lot of uncertainties.
It is speculation, but you can not deny that Bitcoin is already a used currency at this point, of course it is still far from the mainstream, but this is also coming.
Bitcoin has been dying several times, and this crush is not different from the previous ones. Soon the situation will change and this train will move fast up. For sure it is not the end of Bitcoin - it is the end of bubble (one from many in cryptoworld).