Morning to whoever's still holding on in this bear cycle.

Looks like we're down to the real ones now. Market's been pretty quiet, retail attention has dried up, and honestly? That's when things get interesting. The people sticking around through downturns like this aren't here for the hype—they're actually building relationships with the tech and understanding the ecosystem.

When things heat up again, the dynamics will be completely different. We'll know each other's conviction levels by then.