I just discovered something quite interesting called the cycle de benner. This is a market cycle theory proposed by 19th-century American farmer Samuel Benner. Although he was not an economist himself, his observations of the market were surprisingly accurate.

Benner experienced multiple financial crises and economic booms, which led him to ponder a question: why do financial markets always repeat the same patterns? After repeatedly witnessing market crashes and recoveries, he decided to study these cyclical phenomena in depth. In 1875, he published a book systematically outlining the market laws he discovered.

His theory is simple: he divides the market into three types of years. Year A is a panic year, typically marked by a severe market crash every 18 to 20 years. Years like 1927, 1945, 1965, 1981, 1999, and 2019 fit this pattern. Year B is a selling year, when the market peaks and asset prices are overvalued—an ideal time to take profits. Year C is a buying year, when the market is at a low point, and prices are cheap—an optimal time to accumulate assets.

Most interestingly, although the cycle de benner was originally used to analyze agricultural products and commodities, it was later applied to stocks, bonds, and even today’s cryptocurrency markets. And the results have been surprisingly good.

For those of us involved in crypto trading, this theory is especially valuable. Bitcoin has its own four-year halving cycle, but Benner’s framework can help you see the bigger picture. The crypto market crash in 2019 perfectly aligned with his predicted panic year. And in 2026, according to the cycle de benner logic, it should be a good time to sell.

Looking at it from another angle, the market’s rises and falls may seem chaotic, but there are deep human nature laws at play. Greed and fear cycle constantly, and this cycle can be predicted. So understanding Benner’s cycle theory can help you calmly reduce positions at market highs and have the courage to build positions at lows.

For traders seeking long-term stable returns, this macro perspective is very worth learning. There are many mainstream coins on Gate now, and if you can use the Benner framework to plan your trading cycles, you might avoid many detours. Recently, I’ve also been re-evaluating my investment strategy, and this theory has given me a lot of inspiration.