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Why Does Crypto This Season Feel So Different From Previous Seasons? 🤔

I. The Cycle of Financial Markets Always Repeats 🔄

A well-known argument in financial markets, and even more so in crypto, is the idea of the market cycle.  Essentially, this theory suggests that markets operate in repetitive cycles driven by the psychology of market participants, reflected in price movements. The cycle begins with low prices , followed by growth into higher price regions , a peak or "top" , then a collapse , and eventually, the cycle begins again. This repetition not only refers to price movements but also the psychology of market participants.

I don't disagree with this theory. In modern economics, cycles of 10 to 15 years have repeated for over 100 years, and there’s no sign of it breaking. With crypto, the 4-year cycle is often referenced. But have you ever wondered: “Why must the cycle repeat?” 🤔 or “Why does each cycle have to be the same?” 🤨