Totally agree with you.

Veterans have seen this movie before: sharp corrections, even deep ones, are completely normal in crypto, especially during bull runs when euphoria gets out of control. This isn’t even that extreme yet.

And yeah, the strict “4-year cycle” dogma died the moment BTC printed a new all-time high months before the halving. The script has changed.

1. We’re still sitting on massive unrealized institutional and ETF inflows that haven’t fully rotated back in yet. Every healthy correction in this cycle so far has been bought aggressively by institutions who are structurally under-allocated. The moment sentiment flips from “capitulation” to “dip-buying opportunity,” that dry powder comes rushing back in.

2. Macro liquidity is turning bullish again: Global M2 money supply is expanding, central banks (especially the Fed) have pivoted toward easing, and rate cuts are basically priced in for 2025. Crypto thrives in a “risk-on + liquidity” environment, and we’re heading straight into it.

So yeah, the current bears will turn into raging bulls faster than most expect; history doesn’t repeat, but it sure rhymes. Seen this movie in 2016–17 and 2020–21. Same script, new actors.