BTC breaks $100K for the 1st time — ETH at $4000
2nd — $3900
3rd — $3700
4th — $3400
5th — $3100
6th — $2700
7th — $1900
It’s not that the bull market isn’t here.
It’s that the structure of the bull market has changed.
Capital no longer rotates back to ETH—it flows into memecoins, AI, Solana, Base, dogs, frogs…
Old narratives are dead. New ones dominate.
This is the new cycle.
