I'm making a prediction:
If @RaoulGMI & @BittelJulien's thesis is correct (I know @TechDev_52 & @fundstrat believe the same or similar thing) about the crypto market not being in a bear market, and the crypto market topping in 2026 due to a 5 year debt refinancing cycle instead of the usual 4 years, breaking what people perceive as the 4 year cycle...
...many of the chart analysts who are currently insisting we're in a bear market, or heading toward one, will say that the fact the crypto market ends up peaking in mid to late 2026 is actually because it's a separate market cycle.
The bears will not admit they were wrong. They will maintain their argument that we were in a bear market. They'll say it was just a more shallow-than-normal bear market and come up with justifications for that perspective.
They will not admit that the reason for the delay in a euphoric market peak this cycle was due to an extended debt refinancing cycle which delayed the increase in global liquidity that we've become accustomed to.
I personally think Raoul, Julien, TechDev & Tom Lee are probably right in their beliefs. To believe we're in a bear market now is to say "this time is different" because it's never happened in a world where global M2 is near all time highs and on track to increase dramatically for multiple reasons.
You can always find various metrics that are a little different than in previous cycles. But when you're talking about global liquidity, you're talking about the backbone. Other metrics that may vary to one degree or another from the past are downstream from global liquidity. They are far less consequential indicators.
With today’s close of Hidden Road (now Ripple Prime), Ripple has announced 5 major acquisitions in ~2 years (GTreasury last week, Rail in August, Standard Custody in 2024, Metaco in 2023). As we continue to build solutions towards enabling an Internet of Value – I’m reminding you all that XRP sits at the center of everything Ripple does. Lock in.