the thing with a capitulation event is that it can either mark the beginning of a new bull market or it can be the final exit before something goes to absolute zero and disappears into oblivion
do with this information what you will
we love to trash on fiat currencies, specially third world ones... we usually call them shitcoins too...
but it is a fact that the colombian peso is up 20% against the usd
while bitcoin is down almost 40% in the same period (early 2025 until today)
let that sink in