Generate a scary idea

People always tend to benchmark against history, sometimes referencing the internet bubble of 2000, and then looking at NVIDIA's price-to-earnings ratio, which isn't actually that high.

Then went to benchmark the subprime mortgage crisis, and upon looking, it seems that there are no bubbles in real estate or anything, and there is no leverage on leverage.

Is there a possibility that the bubble everyone is looking for is in the crypto world?

If the third bubble in the United States is in the cryptocurrency circle...

So, are we now after the bubble or is the bubble not here yet? Or is the bubble still fermenting?

If the bubble has not yet arrived, or if the bubble is in the process of fermentation, how big will this bubble be?