I believe the reason it is happening more dramatically this cycle is because Bitcoin hasn't lived up to what it was sold as for many of the folks that joined during the endless money printing COVID era or after. They were told it was digital gold, a hedge against monetary debasement, etc. and none of that has held up in their eyes. So they're feeling like they were sold a bunk bill of goods. Most also don't realize there is a narrative lag there -- or some simply do not believe. It doesn't hedge against month-to-month shenanigans but rather long term, big picture shit like loss of settlement trust (see stress in trying to sell gold/silver right now), balance-sheet stress, or monetary resets and those haven't arrived. If you are still trying to orange pill (I've quit) you need to be very tight and precise with your messaging. Saying shit like the above or "Bitcoin fixes this" all the time has done more harm than good.