The difficulty of the next cycle is ten times greater than this wave, you are right.

The market has completely entered a bear phase, including Bitcoin which will also drop significantly in the future. It has nothing to do with interest rate cuts, because the enemy of altcoins is time. The increasing explosion of altcoins means that the amount of capital needed for arbitrage in the future will grow. This is not short-term selling pressure; it is long-term selling pressure and very large arbitrage capital selling pressure. In this situation, after this bull market, there will be a very long and large bear market. Any bottom-fishing capital will perish in a long time to come!