Why Crypto Market Cycles Feel “Broken” — and What to Expect Next
Crypto used to look simple:
halving → rally → euphoria → crash → long bear market → repeat.
Many still expect history to play out the same way. But the market has changed.
What actually broke the old cycles?
1️⃣ Institutional capital
ETFs, funds, and large players entered the market.
They don’t chase quick hype — they trade liquidity cycles and manage risk.
2️⃣ Leverage & derivatives dominance
Price movements are often driven by:
liquidations
funding rate imbalances
crowded positions
This creates sharp but short-lived moves.
3️⃣ Macro matters now
Crypto no longer lives in isolation.
Interest rates, inflation, and global liquidity now influence price action.
4️⃣ Information moves faster
Social media accelerates fear and greed.
Markets overheat and cool down in days, not years.
What does this mean?
Clean, long bull and bear markets may be gone
We are entering volatile phases instead of clear cycles
Rallies come with deep pullbacks
Drops are violent, but often shorter
What should investors expect?
📌 Volatility is the new normal
📌 Markets will frequently surprise the majority
📌 “Just buy and wait for halving” is less reliable
📌 Risk management matters more than ever
Key idea
Cycles didn’t disappear — they became more complex and less obvious.
A maturing market rewards discipline, not blind belief.
