$BTC $ETH

-Cryptocurrencies and stocks are declining together, while almost all other markets remain sideways. No real bear market.
-There are no widespread cycles. Instead, we see small bull markets in specific assets.
-ETH/BTC has significantly decoupled from the rest of the market. Old rules no longer apply.
-DeFi is once again experiencing a wave of ( with Uniswap as the indicator ).
-AI remains strong but selectively, rather than a universal "AI season."
-The new metaverse is only truly meaningful in places like ( prediction markets, new perpetual contract decentralized exchanges, etc. )
-We continue to see isolated standout performers each quarter ( like "white whales" ).
-The overall meme market remains weak; sustained meme price trends are highly unlikely.
-Dominant strategies revert to belief-based. Large rotations based on 12-second holding periods.
-The macro environment remains hostile/volatile; don’t expect much.
​Additional Information/Positions
-Small gains in old assets are possible but unlikely to last.
-If you booked a long vacation from Q1 to Q2, you probably won’t miss much.
-Geopolitical risks ( China-Taiwan, US-Venezuela ) make holding stablecoins reasonable.
-If stocks crash, prepare for a long winter.
Overall, 2026 may look very similar to 2025.