The old framework can be a reference, but it shouldn’t be copied mechanically.
This is Day 19. Today, let’s talk about cycles and narratives. Cycles used to move at a relatively slower pace. Now narratives rotate faster, with one wave of memes, AI, and on-chain trends following another. The old cycle framework is still useful as a reference, but it shouldn’t be copied mechanically. I pay more attention to whether a narrative has real capital behind it, whether liquidity is sufficient, and where sentiment stands. A cycle isn’t a calendar—it’s the combined force of capital and sentiment.
Discussion: Do you think narratives are rotating faster or slower now than they were a year ago?
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