I think this cycle is still ongoing.
Since 4th BTC(Bitcoin) halving, MACD(3, 12) has had 2 times of Dead Cross, and it's diverging.
In the previous cycle, since 3rd BTC halving, MACD had a Dead Cross. Then, Altseason 2.0 occured.
2 cycles ago, since 2nd BTC halving, MACD had a Dead Cross. Then, Altseason 1.0 occured.
Recently, many KOL(Key Opinion Leader)s in crypto are saying this cycle is done.
As I previously said, 4y cycle theory has been changed to a market that is affected by the macroeconomy and liquidty due to spot cryoto ETFs and crypto treasury companies such as Strategy, BMNR, etc.
If you think this cycle is done, leave the crypto market 👋
When the liquidity is released and flows into the altcoin market, I'll arrive at a summit of a mountain, taking a rocket.
Several years ago, privacy coins including ZEC were regulated and sanctioned by many countries. So, Korean-based crypto exchanges delisted all privacy coins.
I also mocked ZEC is done..
Eventually, ZEC holders made thousands % profit. Congratulations 🎉
If Altseason 3.0 happens soon, ZEC is a good example. Of course, returns will depend on cryptos.