The bull market is fading away bit by bit, I hope people can easily see this already, sit down and do some calculations, BTC was 3800$ in march 2020 and BTC made it up to 68,000$, many altcoins have done 10x to 1000x for example shiba inu, we have seen bull market already just accept it and now bear market will slowly crawl into the space
It looks like a bear has the upper hands right now but we can not say for sure the bear is in the control. BTC made 3800$ to 68000$ that doesn't mean that it's overbought. You have put other things to understand the situation. This time market is not anything like 2013 or 2017. That time there were fewer people involved and We saw people panic after a major correction. But this time market is more mature and that is reflected in the altcoin market. People are not selling even after the BTC market correction. Also, there is aggressive buyer like grayscale, el Salvador and other big tech. So bear could cool down the BTC rally for a little bit but 100k is also inevitable for BTC.