My favourite part of every crypto cycle is the part everybody hates.


It's quiet right now. Boring. The group chats have gone dead, half the people who were here last year have rage quit and "moved on with their lives" and the people still standing are starting to question their own sanity.
You'll go to a family lunch and someone smirks and asks if you're still messing with your magic internet money. They'll bring up the crash like it's a fresh wound and you sit there and take it, because you can't exactly explain that the chart quietly stopped going down while everyone stopped watching.
The transition from bear to bull is my favourite. This is the part I wait the whole cycle for and this is why... late bears are still screaming for lower, because lower is all they've seen for months and the mind anchors to whatever it's been fed and we call this recency bias.
Meanwhile structure is doing what it always does down here. Higher lows nobody's celebrating, bad news that stops moving price with sellers showing they are running out of steam. You add the confluence of silence, the crowd that panic-sold the lows will come sprinting back at three times these prices and call you lucky.
You won't feel smart accumulating during this stage because it just feels wrong. You'll feel slightly insane, buying into dead silence and months of red while people you respect tell you it's over. That discomfort is the price of admission. Pay it now, then get paid later.
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