There is a very interesting market cycle theory that has recently been rediscovered in the crypto community—Benner-Zyklus.

Many people might not have heard of it, but this theory is actually quite popular among veteran traders on Wall Street and in the crypto space.

The story begins with an American farmer from the 19th century.
Samuel Benner was not an economist or a Wall Street elite; he was simply a pig farmer.
But interestingly, because he experienced multiple booms and busts in agriculture and commerce, he was able to see the true规律 of the market.
In 1875, he published a book called "Benner's Prophecies of Future Ups and Downs in Prices," which systematically summarized the market cycle patterns he discovered.

The core idea of the Benner-Zyklus is actually quite simple—markets do not fluctuate randomly, but follow predictable cycles.
He divided this cycle into three types of years: "A" years are panic years, during which major adjustments occurred in years like 1927, 1945, 1965, 1981, 1999, and 2019;
"B" years are peak years, when the market is booming and sentiment is optimistic, making them good times to sell, such as 2007 and 2026;
"C" years are bottom years, when assets are cheap and opportunities are abundant, like 1931, 1942, 1985, and 2012.

I’ve noticed that this theory is especially valuable in the crypto market.
Look at Bitcoin’s four-year halving cycle, which implicitly contains the kind of周期性 that Benner described—bull markets, bear markets, bottom accumulation, and takeoff again.
This logic has been repeatedly validated in the crypto space.
The big drop in 2019? It perfectly fits the panic prediction of "A" years.
And the predicted 2026 high point in the Benner-Zyklus, as a "B" year, also guides traders on when to take profits.

For traders today, understanding this cycle is most valuable because—
it helps you approach market sentiment fluctuations more rationally.
When everyone is frantically FOMOing, you know this might be the top of a "B" year;
when the market is pessimistic and assets are crashing, you recognize this as a "C" year in the Benner-Zyklus, the best time for accumulation.

In other words, the Benner-Zyklus provides us with a long-term map.
Whether it’s stocks, commodities, or cryptocurrencies, this model can help you see where the market is in its cycle.
Especially for those who want to avoid chasing highs and selling lows and truly invest long-term, this theory offers significant参考价值.