This happened in previous cycles too. Back then, the number of coins was much lower, so it went unnoticed.

Even in the past, some coins did 50x while others only managed 2x. This cycle will be no different.

Right now, there are thousands of coins. It’s impossible to see the same performance across all of them.

That’s why the overall average return will remain low.

In fact, in no bull market did all cryptocurrencies rise equally.

Nothing has changed. On the contrary, today there's a stronger foundation to attract more users and liquidity.

But there are two key factors that matter more than all expectations:

1️⃣ Interest rate cuts

2️⃣ End of quantitative tightening – in other words, restarting money printing

The moment these two actions take place, the bull market gets triggered.

As soon as liquidity arrives, the rally begins.

Now, the question everyone keeps asking:

"When will the bull market come?"

The answer is simple: When liquidity arrives.

📌 Will everything moon? No.

There are too many coins and too many impatient investors. The average return will be low.

Those who are selective will win.

Those who follow the herd… will relive the past.

Final word:

This is not philosophy.

This is math.

If Einstein were here, he’d close it like that.

Written by İbrahim COŞAR