I think the next wave of growth, which will probably be in the first quarter of 2026 (even if it stretches all the way to autumn 2026) - will be the last growth before a severe crisis for a couple of years for sure. In America, there are problems with government debt, and Europe has run out of money due to the maintenance of migrants. The world economy is hanging by a thread, lacking the first fallen domino to topple the entire system.
Our problem is that a sector of AI has now emerged, and those who chased returns in past cycles and invested in crypto are now buying AI stocks, which are growing straight up vertically. The bubble is there now.
In any case, for me, there is a 90% chance we should still see a market peak in this cycle, as we did not have an alt season and insane greed. Now dominance is finally starting to slide, with everyone being shaken out of the market through harsh sell-offs. The old-timers sold their bitcoins, which they had held for 10-15 years. After this cleansing, there is a strong desire for a rapid surge, so that everyone catches FOMO and returns at the highs, after which a severe bear market will follow, unlike any seen in crypto history, as a crypto bear market has not yet coincided with a global economic crisis.