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🧠 When all positive factors gather but fail to push prices higher: the crypto market is undergoing a structural rewrite
If in 2021 someone told you:
The United States would support a pro-crypto political environment,
Bitcoin spot ETFs would be approved,
Institutional funds would continue to flow into the market on a large scale,
You would likely expect:
BTC to surge to $200k, ETH to break $10k,
And an epic season of altcoins.
The logic seems perfect, and the narrative impeccable.
But the reality is—prices are even below the 2021 highs.
🌊 The problem isn't a lack of catalysts, but a change in market structure