I have been in crypto for over 7 years and this was the fist time I have taken notice of this chart. I must have seen it before, but never really acknowledged what it actually meant possibly due to not realizing it's relevance. Learning the cycle is of paramount importance because spotting any type of signal gives you an advantage by allowing you to get more prepared. Being on a blockchain like HIVE mean you have to be fully alert due to the 13 week power down and it is what it is.
I am actually in favor of the 13 weeks as it does offer you some type of security and also offers stability to the blockchain because you could only imagine if accounts were selling off instantly if the 13 week power down period was not in place. This is why one has to be prepared if you want to take advantage of the crypto cycle and reminds me I need to purchase a cold wallet within the next few weeks.
The first crypto cycle I was involved in between 2018 and 2021 was not about making profit, but more about paying attention and learning. The only way you can learn in crypto is by being involved and seeing how the market cycle works. I was blown away by the power of the bull cycle which is as powerful as the bear. One gives and one takes away and both happen at lightning speed so you have to have some type of understanding what you are dealing with. Tis is why you always hear take profits and sell the green candles because selling the red candles is a disaster.
Up till now the only chart I have really followed and paid any attention to is the money flow into Bitcoin and slowly moving through the various sized cap categories until we end back at Bitcoin. The Bitcoin dominance cycle was not something I have deemed important as the real signal I would guess is when the likes of Ethereum start increasing rapidly and Bitcoin remains stable.
The big thing about crypto is to at least have an inkling of where we are in the cycle and to acknowledge tat the cycle is very real and to be able to use this as a guide. I am no trader and the only extras I accumulate are the rewards earned via staking. One needs to pay attention as tis bull cycle could literally be over within a 3-4 week period and there is no waiting until you are ready.
The 4 year cycle is dominated by boring times which are the lucrative times when the prices go sideways. We are growing our bags for literally 220 weeks for the 2-4 week period which happens so fast and then we are called lucky because we made a decent return. There is a percentage of luck depending on which tokens you have in your portfolio, but there is also a hell of a lot of work that has taken place behind the scenes over the 4 year crypto cycle.