Eric Balchunas, a senior ETF analyst at Bloomberg, wrote on the X platform that a fact that short sellers or pessimistic market enthusiasts may find hard to accept is that both traditional stocks and Bitcoin have historically maintained a record of recovering from major pullbacks and eventually reaching new all-time highs. This is almost a "100% perfect record." Perhaps this time will be different, but for now, it is indeed an undeniable fact, which is why people tend to avoid blindly following the crowd during market downturns.