#加密货币ETF市场动态 Wow, after reading this article my mind is full of question marks! Is the four-year cycle still reliable or not? Although I’m new to crypto, I’ve heard that everyone believes in this cycle theory. But those two experts discussed things so complicated—liquidity, debt refinancing, business cycles—that I’m totally confused. But I did get one point: the current market structure seems a bit off, and Bitcoin’s performance is different from other coins. This makes me a bit worried—will the small coins I bought suddenly crash? Maybe I should allocate more to Bitcoin as insurance. But then again, if we really enter a bear market, doesn’t that mean it’ll drop for a long time? Sigh, I really wish I could see things as clearly as those two experts. For now, I can only go with my gut—it seems I still have a lot to learn!