Market cycles over the past 2 years:
1. Down season: about 6 months
2. Recovery
3. Bull Market
4. Adjustment
5. Meme season
6. Adjustment
7. Long/short futures season: Market becomes dull, leading to money burning in futures
8. Recovery: Driven by regretful losses and market makers pushing spot to create FOMO
9. Return to Bull Market
Currently, we seem to be in the futures season. From tech coins to meme coins, interest is primarily in high-leverage long/short positions.
