Shib and doge have a market cap over 10b.

I think i heard there are over 200 companies on the nasdaq with summed lifetime net earnings of 0.

Shiller pe at 26.5. Buffet indicator elevated. Vix is at cycle highs around 30.

None of that indicates capitulation

Not yet started. We are still way above 2008 levels. Also small cap tech stocks are not done until they are bankrupt