Past cycles are often talked about, but there was no such thing as an ETF back then. Currently, a complete ETF bull run has occurred for #Btc and #Eth. #Bnb and #Sol have already seen their all-time highs because they continuously distribute money within their ecosystem. When it comes to altcoins, many of them are hollow and they can't get a share of the pie anymore as their numbers have significantly increased. In short, cycles will not work from this point onward. Many will not see all-time highs. Real crypto investors will realize profits from BTC and ETH, while those who have lagged behind will experience significant pumps, but I believe this will be very short-lived.
📌Note: Aside from this, those that have been undervalued and have real users will reach their deserved place.