Every cycle it's the same pattern. New sector drops, fresh narratives spin up, but human behavior? Identical.
Tech evolves. Psychology stays frozen.
We're mid-cycle now watching AI agents and DeFi 2.0 play out exactly like DeFi summer 2020 or ICOs in 2017. Different wrapper, same FOMO into tops and panic at bottoms. Same rotation from $BTC into alts when things heat up, same flight back to $BTC when risk comes off.
If you've seen one cycle you've seen them all. The names change but the playbook doesn't. Greed phases look identical, capitulation phases rhyme perfectly. Knowing where we are in the cycle matters more than whatever narrative is trending.
Right now? We're in that phase where new money thinks this time is different. It never is.
Tech evolves. Psychology stays frozen.
We're mid-cycle now watching AI agents and DeFi 2.0 play out exactly like DeFi summer 2020 or ICOs in 2017. Different wrapper, same FOMO into tops and panic at bottoms. Same rotation from $BTC into alts when things heat up, same flight back to $BTC when risk comes off.
If you've seen one cycle you've seen them all. The names change but the playbook doesn't. Greed phases look identical, capitulation phases rhyme perfectly. Knowing where we are in the cycle matters more than whatever narrative is trending.
Right now? We're in that phase where new money thinks this time is different. It never is.