It's been nearly 90 days since the last 90% down day.

Over the past 2 years (and only over the past 2 years), when traders panic for the 1st time in months, it led to further declines before full pessimism.

Oct 2018: -15.6%
May 2019: -2.9%
Feb 2020: -31.9% pic.twitter.com/HqFI0AFc9v

— SentimenTrader (@sentimentrader) October 26, 2020