$BTC sitting near $110k. This cycle feels different. 2021 was pure euphoria retail FOMO, leverage everywhere, endless retail inflows. This time it feels more institutional, more calculated, more “mature”. Higher lows, stronger support, and real capital (ETFs, corporates) flowing in steadily. The question isn’t if we’ll see new ATHs. It’s whether this cycle ends with another massive blow-off top or a more sustainable bull market. Either way, the macro setup still looks constructive. What are you watching for the next leg up?
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