The cryptocurrency market experienced a severe downturn from February 2 to February 3, 2025, leading to substantial losses. Reports indicate over $710 billion in losses and the liquidation of approximately 744,000 traders during this period. Despite the turmoil, many in the crypto community expressed resilience, celebrating their survival through what has been termed the 'GREAT Bear Market of 2025.' As the market begins to show signs of recovery, traders remain hopeful for a forthcoming bull run, with some suggesting that the worst may be behind them. The sentiment among traders reflects a mix of caution and optimism as they navigate the aftermath of this significant market event.