#Gate广场四月发帖挑战 Bitcoin plummeted over 40% from 125k, has the crypto winter really arrived in 2026?

Bitcoin crashed more than 40% from the high of 125k, and in 2026 it has fallen for four consecutive months, prompting Wall Street to call it a crypto winter.
Is it a good time to buy the dip or to exit? Should ordinary people panic?
This round of Bitcoin's sharp decline from a high point had no warning signs; it came quickly and fiercely, leaving investors no time to react.
In early October 2025, it just touched the all-time high of $125k, seemingly ready to rise further, but suddenly turned sharply downward, completely abandoning the upward trend and entering a prolonged period of oscillation and decline.
What’s even more despairing is that it has already broken through two key support levels at $90k and $80k.