We are in the same cycle.

We have not started a new cycle.
When we look at charts like OTHERS/BTC here...
As well as ETH/BTC, BTC.D, TOTAL2 + 3, it is very clear.
We have not had the weakest cycle ever... we have just ONLY has the first part of the cycle, which is the weakest.
You can see, very clearly, that this downtrend on OTHERS/BTC is the longest ever, at the same time as having the longest ever contraction in the business cycle, and liquidity also being in the longest range.
These things are not happening in a vaccum guys - they are inextricably linked together.
We are in the same cycle, and where we are right now is a mid cycle correction before the final expansive phase.
Business cycle is in expansion
QT is over and FED Net liquidity is ticking up again
And OTHERS/BTC has bottomed.
The 4 year cycle becomes totally meaningless when you look at these deeper charts that actually show where the overall cycle is.
The cycles are not controlled by time, they are controlled by liquidity and deeper macro forces I have explained.
I can't explain or show it to you more simply than this.