There was no 70% crash, nor a parabolic top; the market has finally started to weigh risks like an adult.

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CoinNetwork
CryptoWorld News reports that CryptoMichNL said that although a 70% crash is no longer occurring, there are also no more parabolic-style peak tops—an almost no one-considered trade-off. Bloomberg’s ETF analyst pointed out on Nef that the four-year cycle has not disappeared; its amplitude is shrinking. Without taking the risk of the parabolic bottom, you cannot reach the parabolic top. Both the crash and the upswing are diminishing because the market has matured. Six years ago, the debate was “Will the US ban Bitcoin?” and now it is “In which week will the clear bill pass?” JPMorgan, Morgan Stanley, and ETFs have all joined in, and the risks that existed are no longer there.
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