I’ve said this many many times and it’s even in my pinned, I don’t think there is a reason you could say the 4-year cycle is dead (rn). However, looking at this chart, for the first time ever, you could say that we have already bottomed. This line has been very accurate throughout the bull and bear market. I’ve talked for so long on why waiting for the 4-year cycle bottom (even if you believe in it) is a horrible idea. For a 4-year cycle to be valid, it does not have to bottom in October, MASSIVE MISCONCEPTION. If you wanna read more about it, I’ll post under the comments below what I said 3 months ago. Plan: If we maintain this line and break above 82k, the bull run will definitely be on. If we break below, we will see another capitulation event. I’m entirely 50/50 on what’s going to happen, but, if I had to choose, gun to my head, I would say we need one more capitulation event. Either way it doesn’t matter to me. I bought much eth at 1.5k-2k in the past 6months.