The crypto market has been experiencing a period of uncertainty, with some predicting the demise of the industry. However, a closer look at recent developments suggests that the opposite may be true.
Institutions such as BlackRock and banks are beginning to build on blockchain technology, rather than fighting it. This shift in sentiment is significant, as it indicates a move away from speculation and towards infrastructure development.
The market expert notes that prior cycles have followed a similar pattern, with lower highs and higher lows indicating the buildup of pressure under the surface. The current cycle may be no exception, with the potential for significant price movements in mid-cap and small-cap cryptocurrencies.