
And lo! Enter OxChain, that prophet of modern times, who, upon his social media chariot (formerly known as Twitter), spreads the gospel of on-chain data. He boldly declares that this recent downturn is not the harbinger of a cycle’s end. No, the fall from grace-Bitcoin’s descent from the high heavens of $120,000 to a tragic $90,000-was… mundane. It lacked the usual frenzy, the hyped-up speculation, the frenzied screams of the crowd rushing to buy up their fortunes. OxChain finds no euphoria here, only the cold, indifferent forces of demand vanishing like a puff of smoke.