Hi, guys ✌

The crypto cycle tied to halvings is losing relevance.

A year has passed since the halving, and there's still no clear bull run. Bitcoin has grown, but altcoins haven't shown the expected altseason.

Now, growth is driven by institutional investors, ETFs, and macro factors, not retail flows as before.

Previously, the cycle looked like this:

〰️Bear market.

〰️Accumulation phase.

〰️BTC growth.

〰️Decline in BTC dominance and the altseason.

💰The main factor has become not cyclicality, but liquidity inflow. As we see, global liquidity is now hitting its ATH – this liquidity has to go somewhere, and crypto is one of the main candidates.

We are already seeing BTC starting to repeat the money supply pattern, and liquidity is already flowing into crypto: BlackRock, Strategy, and others have invested over $4 billion in the last week.

If liquidity growth continues, the market could skyrocket, regardless of the "old" cycles.🔼

But there are also risks that could crash the market in the short term. I think many have already heard about the possible war between India and Pakistan, where the situation is escalating every day.

For example, Pakistan's Information Minister stated last night that India plans to attack Pakistan within 24-36 hours.

Therefore, we advise you to monitor the situation, keep your finger on the pulse, and perhaps cover some risky positions with high leverage, as markets can react sharply to such events.