The vast majority have got it totally wrong.
You are all looking at the last 4 years of overall Crypto price performance, and labelling it weaker than any cycle we've ever had.
This is because almost everyone simply believes in the 4 year cycle, which is wrong.
If you look at the Crypto market through that lens, yes, it would have been a weak cycle.
But what you guys need to understand is that we are actually still within the same cycle.
When you understand this, you will understand that the price action we have seen from Ethereum, and the wider Crypto market, is exactly what should have been expected within the first half of the cycle, and how it has always performed.
As I have been saying for a very long time...
Time does not decide the cycle.
The overall macro economic situation does.
Here, I have attempted to make this as clear as possible.
Each cycle so far has been at the will of the Business cycle, and COPPER/GOLD further displays this point.
This current cycle, has been, by far, the longest contraction on Business cycle and COPPER/GOLD.
And therefore, the longest consolidation for the overall Crypto market, as you can easily see, through the Etherem and Total3 chart, and how the consolidation periods without new sustained highs, have increased alongside the business cycle contraction periods.
This is not a coincidence.
The reason you all think Ethereum and altcoins are dead is because you are expecting a greater performance than they have ever put in within this part of the overall cycle.
Simply put: We are in the same cycle, and have not yet reached the part of the cycle in which Ethereum and altcoins have always performed.
Ethereum and altcoins are consolidating for a longer period because the overall macro has been in contraction for a longer period.
However, that has now moved to expansion, in both the business cycle and COPPER/GOLD...
Just as you are all labelling it dead.
Ethereum has not lots momentum and it is not inherently weaker than any period before...
It is just not yet at the phase of the cycle where it outperforms the market.
But soon.