Recently, a major signal has emerged in the crypto market. A well-known investor stated that the current Bitcoin downtrend cycle has basically run its course, and this decline is considered the shallowest four-year bear market in history.

In other words, the adjustment phase of the four-year cycle has largely come to an end. What does this mean? According to market patterns, what we may face next is the deepest bull market.

Why pay special attention to this cycle? Observers point out that cryptocurrencies are completing three major industry revolutions — first, becoming a new contender in the global monetary system and competing for discourse power with fiat currencies; second, driving a wave of innovation in blockchain technology; and finally, emerging as a leader in a new asset class. Breakthroughs in these three dimensions are happening simultaneously, which is rare in history.

For traders, understanding cycle turning points is often more critical than chasing after quick gains or cutting losses. When market consensus begins to form, it’s usually no longer the earliest opportunity.