We are probably in the fear stage now.
Its looking bad, bitcoin falling to pull even past $800 on btce. Nobody is thinking $700 bitcoins are even cheap now.
No, we're not in the fear stage, it's way too early, it will take a couple of months until real fear will grip the market,
and only if it's going to be a harsh bear market, like in 2011. What I feel is boredom, and a sentiment of wasted time
watching the charts on such low volume. Please market, don't waste our time, let's see some volume!