Markets change, or do we just find new things to get emotional about?

The more I watch crypto markets the more I realize the technology evolves way faster than human behavior does. Every cycle starts feeling revolutionary when you're inside it. New narratives appear, people become convinced the old rules no longer apply, leverage gets normalized, skepticism gets laughed at and eventually the market reaches that weird stage where everyone starts believing price only moves in one direction because, this time adoption is real.

Then sentiment flips almost overnight. The same people screaming: , bro, buy the dip, suddenly disappear, timelines go quiet, conviction turns into fear and everybody acts shocked that volatility still exists. Honestly the more I read about old stock market bubbles, the more familiar crypto starts to feel psychologically. The assets are different, and so is technology , but: greed, euphoria, denial, panic, hope are the same. Makes me wonder if markets ever really change... or if humans just keep finding new things to become emotional about.