🚨Bloomberg's "Twelve Points of the Crypto Winter" looks particularly striking against the backdrop of Strategy starting to sell coins today and the plummeting of bitcoin:native.

Because over the past two years, the most core positives for Crypto and the strongest buying logic have almost all come to fruition:

ETFs have been approved, institutions have entered the market, the regulatory environment has improved, publicly listed companies have started to accumulate coins, and even the idea of national reserves of bitcoin, which once existed only in fantasy, has begun to enter reality.

According to the last cycle's assumptions about the crypto space, once these things happen, the market should see BTC rise, then ETH rise, then altcoins rise, culminating in a booming market for everyone!

Instead, the market is now lifeless, with everyone losing money and no hope in sight.

The market has instead begun to fall into another kind of confusion:

If even these events cannot bring about a new round of comprehensive bull market, then what exactly is the growth logic for Crypto in the next stage?

In 2018, many people believed that the bursting of the ICO bubble meant the end of Crypto.

In 2022, many believed that the collapse of FTX meant the end of Crypto.

What about this time?

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