Cryptocurrencies fell on Thursday. The decline came after an unexpected strong rebound in the crypto market a day earlier, which had led some investors to optimistically believe that the cryptocurrency market might be bottoming out after more than four months of declines. Analysts noted that rebounds like the one seen on Wednesday are to be expected during bear markets and periods of low liquidity; however, the rally lacked sufficient support, making the subsequent pullback unsurprising. The end of the crypto winter is not marked by excitement but rather by indifference.