Crypto market current state observations:
- extended rally: btc have rallied for approximately 1,000 days with few significant pullbacks.
- TradFi strength: simultaneously, TradFi has experienced an even greater rally with no signs of an imminent correction.
Scenario B: The Cycle Extension / No Cycle / Super cycle (Bull Market Continues)
Thesis: The current price drop ($81k) represents a corrective move driven by end-of-year profit-taking. The cycle is extending, not ending. Market dynamics have shifted due to institutional adoption.