The crypto 4-year cycle remains the most prominent of all cycles, having served as a pointer toward each of the previous bull markets. This cycle coincides with the Bitcoin halving, which occurs roughly every four years, and precedes each bull market by a year. This means the year after each Bitcoin halving has often seen the start of a market-wide bull run.
According to the analyst, for Ethereum specifically, the 4-year cycle had ended back in December 2024. This coincides with the year in which Spot Bitcoin and Ethereum ETFs were approved, leading to what many believe is a premature high for Bitcoin, although Ethereum did not enjoy the same fate.
With the current state of the market, the analyst points out that the recent rejection from all-time highs has led to a 6th touch of the outlined trendline. However, this is no cause for alarm because historically, there has been an MTF shakeout before an HTF expansion.