The current consensus among major players in the Chinese-speaking region seems to be: Is a bear market about to begin at the end of the month?

More and more friends who engage in traditional investments are testing BTC in the U.S. stock market, and even preparing funds to short SBIT and CONI by 2 times. Aside from Bitcoin, cryptocurrencies cannot achieve decentralization (the total number of cryptocurrencies exceeds 26,000). Why can the consensus of major players influence market reflection on the K-line? Who are the major players we often talk about? Is this creating anxiety, or is capital exiting or shifting to other narratives (like RWA)? Are we really going to welcome a bear market?