What you write in your first five paragraphs is basically what Maurice Samuels wrote about in "You Gentiles," it so happens that I was having a discussion about that on minds and google, where history and future tend to be real issues... the likeness is amazing ;)
For the little-educated Percivals, perspective will remain tangential at best because these things simply must be taught.
Humans can't even walk, much less talk if not taught well... this is why majorities are and will remain such a cheap resource for the Happy Few, and why you can nicely see this at work on the charts.

I'm not entirely sure Bitcoin is in different hands now as the remarkable volume these last days likely came from little people who had fled into fiat - it would have been stored at the exchanges... they would have been able to make some nice earnings these last days but should definitely sell now, and buy again in a few days... or maybe not ?
I still expect another dip, and hodlers will be hodlers.
Makes no difference to them how low, as long as it rises again - and the question is simply how fast that is going to happen.
There was and is the impression that large Wall Street entities will not yet buy in but keep riding the FUD train, hoping to keep Crypto low - I don't believe that can work out any longer after all the prolonged fear and what the SEC said - people get used to it.

So I'm hoping for another crass drop and ideally a capitulation volume candle, and then maybe the real players will come out of the brush to dominate the game even more ? But surely they would then want the curves heading upwards ?
We can only guess.
I think if Crypto behaves bit more like the stock market, that won't be such a bad thing for most.

The folks who got in with a thousand rode their holdings all the way down and didn't have any money to spend.
I hope not !! And if so I hope they will just ride back up again.
There were so many chances on the way down to get in and out, in and out and actually add a bit rather than lose all the time - but sure, not everybody likes that sort of thing.
In any case patience is a virtue, and we certainly agree it must be learned ;)