The crypto market cycles over the past two years have followed a recognizable pattern:
- **Altcoin Season**
- **Memecoin Season**
- **Market Downturn**
- **Market Recovery**
- **Long-Short Season**, particularly with memecoins
- **Silent Recovery into the Next Altcoin Season**
In the previous cycle, the long-short memecoin season mostly played out on tier-2 exchanges like Merc, Gate, and Bybit. However, this time, it's happening right on Binance, the top exchange, where futures for many memecoins like $MEWS, $BRETT, and $POPCAT have been listed in just the past month.
For those not specialized in this area, it's best not to get caught up in these trends, as it can lead to significant capital losses.