⚡ Insight: This cycle, the crypto market may peak before the U.S. stock market, and Bitcoin could also bottom out before the broader stock market. On October 31, crypto trader Ansem posted that, in this cycle, the crypto market may have already peaked ahead of the U.S. stock market. If the recent rebound is merely a counter-trend rally and the U.S. stock market is only beginning a larger correction, crypto could still face another downturn. Ansem noted that risk appetite in this cycle has been largely driven by AI and U.S. equity performance, making it worth considering the possibility that crypto and traditional equities may peak at different times. However, he is not certain this scenario will unfold and remains open-minded, closely monitoring price reactions as both asset classes approach key levels. He also stated that even if crypto and U.S. stocks continue to decline in the short term, Bitcoin may still bottom out ahead of the broader stock market.