Crypto is one of the market sectors that people rely on historical data more than the average person due to the concept of “cycles” that people have been anchored to for the past 10 years which has continued to paid off until this cycle. While we have gone from standard bull and bear markets to more of a risk-on and risk-off period with low volatility, one thing that is becoming increasingly important to pay attention to which hurt a lot of people at the beginning of the year is “seasonality”.
People reading this that stay on top of what is happening at CT will remember the “it’s fucking time” meme that circled the timeline at the beginning of the year as people were hoping for an altseason in Q1 that didn’t arrive which instead were met with a market top instead.
This was a painful lesson for many that might be the case again as we are entering June so let’s talk about what I am expecting for the market in the coming months.