- โข
Crypto is currently in the wealth destruction phase
โWe peaked out, you know, October, and we're now six months into this kind of bear market cycle. And we've been in this wealth destruction zone, going back. Really, this we we didn't have wealth destruction confirmed until really kind of earlier this year.โ
- โข
Market resets typically require one full year
โWe've done a lot of work on, Bitcoin market structure, cost basis, you know, holdings, things like that across different cohorts to understand where we're at in that sort of top buyers rotating coins to sort of long term, you know, stronger hands. And that's, you know, we're we've seen some of that play out. This typically takes about a year to play out.โ
- โข
Universal bullish sentiment often signals market tops
โIf all the money is in the market and the the sentiment is is still on the side of we're not going into a bear market, that's a pretty interesting indicator to tell you that everybody's deployed. Right? Everybody if if someone's saying that we're going higher, they're in the market. Right? They've already deployed.โ
- โข
The fourth cycle follows a predictable structure
โTypically, the cycle starts at the beginning of 2023, so kind of at the after we saw almost a year long bear market that played out over 2022, eventually that flipped and we had bottomed. Then we went through wealth distribution. That's the part of the cycle where you want to be, you know, leaning a little bit more risk off, you know, looking to to build cash positions.โ
- โข
Galaxy One enables zero commission Solana staking
โIf you're already holding SOL, of course, you gotta know you should be staking it right now. You can earn up to 6.5% in variable staking rewards on your SOL with no platform commission fee through December 31 this year. It's powered by Galaxy Digital.โ
