Sounds contradictory just the way you stated it, and of course, not too many people are interested in BIG blocker nonsense or any of that kind of snake oil baloney in a bitcoin thread, and maybe we are getting a bit off the topic if we go into descriptions about what is consensus, which ends up driving the direction of BTC in terms of Schelling point type dynamics.

Of course, community concerns about bitcoin can affect price in terms of adoption and development, yet seems that you started this thread in terms of concerns about price over exuberance and needs to correct that might be more technical analysis basis in terms of whether price momentum is sustainable.  Accordingly, there were a lot of folks calling the bitcoin top starting at about $5k in the last cycle (including myself thinking that the price was not likely to go much above $5k in the last cycle, even though it ended up going 4x higher), so in that regard, sooner or later the ones calling the top were going to be right.

Of course, if fundamentals are weak, and if 4 year fractal theories and stock to flow theories of BTC's price trajectory don't play out, then we would need a different model for trying to anticipate price direction and if we believe that bitcoin retains enough of strength in various network effects in order to retain bullish price performance.

Ultimately it is up to you if you decided that your theories about the direction of bitcoin are deviating a bit too much from what people consider to be bitcoin, which seems to kind of be implied in what you are saying, and no one's got time for that in a bitcoin thread...