Ran Neuner Rejects Bitcoin Crash Panic, Says Bull Market Is Still Here

Crypto markets are currently witnessing a very turbulent phase, and the market sentiment is weakening as Bitcoin hovers around the $96,000 level.

The Crypto Fear & Greed Index has dropped to 16, signaling extreme fear. Traders are now wondering whether the cycle’s bottom is already in or if there is more downside ahead.

However, some market voices argue that this is not how bull markets end.

“Bull Markets Don’t End Like This”

Ran Neuner, CNBC crypto trader and founder of Crypto Banter believes the current panic is misplaced.

He recalls having been through a lot of market cycles, including the 2001 dot-com crash, the 2008 housing crisis, and the major crypto cycles of 2017 and 2021. In every case, bull markets ended only when something serious in the economy broke or when people completely lost faith in the asset.

He notes that in 2001, people started doubting the Internet itself. In 2008, the whole financial system collapsed. In 2017, many believed that Bitcoin would never be accepted and in 2021, people thought all of crypto was a scam and questioned if anything in crypto would ever work.

Why 2025 Is Different

But fast forward to 2025, the scenario is completely different.

Governments are now adopting Bitcoin, institutions are using blockchains, and global markets are hitting all-time highs with even more liquidity coming in. He notes that nothing major has broken and no government is in a position to tighten policy right now.

Although Bitcoin has dropped about 25%, he reminds traders that this kind of a correction is normal for Bitcoin cycles. However, the sentiment is now extremely low. New investors are scared and the funding rates have finally turned negative.

Neuner says that, at this point, traders face a clear decision. They can choose to act in the same market conditions that have historically created major opportunities or continue spreading bearish sentiment.

This Cycle Is Far From Over

Adding to this outlook, analyst Michaël van de Poppe notes that the market’s recent ups and downs are nothing unusual. He notes that Bitcoin’s correction likely comes from a mix of factors, but it is mainly because many traders are still stuck on the old four-year cycle idea and don’t believe that 2026 could be a strong bull year.

He argues that this year has already been full of surprises and believes 2026 could do the same. In his opinion, this crypto cycle is far from over.

CZ Tries to Calm the Panic

Notably, major voices in the crypto space including Binance’s CZ have addressed the growing concerns in the market. CZ reminded traders that panic happens during every dip, and said, “Every dip, some people think it’s the end of time. Time continues.”

Short-Term Volatility Ahead?

Trader James Wynn shared his short-term outlook for Bitcoin.

He expects a possible “weekend pump,” targeting a move toward the $101K–$103K range. However, he also warns that once Monday’s trading session begins, the market could turn lower again, and could drop back toward the $92K area.

Although fear continues to dominate the market and there is short term volatility, the current pullback does not mark the end of a bull market and the cycle may still have room to run.