The 4-year cycle can only be completely ignored after being disproven once. Remember back in 2021, there were many opinions claiming that because Grayscale was hoarding coins like a Pixiu, and Tesla also joined in hoarding coins, the 4-year bull and bear cycle would no longer exist. Of course, with each cycle, the bull market's relative increase compared to the previous cycle's ATH is getting smaller, and at the same time, the bear market's adjustment range is also getting smaller. BTC MSTR