That’s a strong take—and one that’s definitely making the rounds in crypto circles. While it’s possible the recent $BTC pump was the market’s exit liquidity moment, it's just as plausible this is a mid-cycle correction, not the end of the bull market.

A few key factors to watch before concluding a “massive crash” is next:

Macro conditions – Fed policy, inflation, and rate cut signals are still pivotal.

$BTC $ETH – Inflows and outflows from these give a clearer view of institutional sentiment.

On-chain data – Long-term holder activity, miner selling, and exchange balances can hint at where the market's headed.

Altcoin strength – Capitulation across alts often signals the endgame, but that hasn’t fully played out yet.

Would you like a breakdown of current Bitcoin technical indicators or macro/inflow trends to see how bearish things really look?