📈Autumn will be green
✅The history of financial markets is cyclical.
Therefore, I propose to look at when there were such straits on the crypto market, like the last week and how they ended.
➡️if you look at the history of past cycles,
there were always 2 shocks in the middle of the cycle, where alts fell by 70-90%.
🟠 Summer 2016 - after BTC halving
🟠 Summer 2017 - mid-cycle
🟠 Summer 2020 - after BTC halving
🟠 Summer 2021 - mid-cycle
1️⃣ Now it’s summer 2024 and we see such a shake-up with the market and alts falling by 70-90% after the BTC halving in April
💸In my opinion, the shake-up of the summer of 2024, if not over, is at its final stage.
⚡️ Many alts have already fallen by 80-90% from the April high.
🟢Now is the time for consolidation before the green fourth quarter.
p.s. information from past cycles fits perfectly with the hypothesis that memes will begin to perform this summer, and closer to the US elections in the fall we will see a market peak.