could it be that the reason this bear market feels so boring is because, for the first time since cryptoโs inception, it no longer offers the best asymmetric risk/reward?
yields have compressed to high-yield savings account APRs, but with significantly higher intrinsic risk(ai could make it worse)
at the same time, nearly $100b has left in the past 8 months alone
it feels like the market is slowly reaching the same conclusion
what am i missing?