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[Bitwise CEO Hunter Horsley: Four-Year Cycle May Be Disrupted by Market Dynamics] On November 16, Bitwise CEO Hunter Horsley stated that the four-year cycle might be disrupted due to the market's 'reflexivity.' He analyzed that the prevailing view suggests 2026 will be a bearish year for Bitcoin, with first-order effects leading investors to start selling in 2025, and second-order effects making 2025 a bearish year, thereby breaking the four-year cycle, leaving 2026 undefined. Additionally, Horsley believes that since the launch of Bitcoin spot ETFs, the market structure has changed, and the environment for cryptocurrency development has never been more favorable.

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Today 2025-11-16
10:09

James Wynn持有1.5万枚SOL多单现浮盈

10:02

SOL: DATs and ETFs hold over 24 million SOLs worth $3.4 billion

09:58

2500万枚 ENA 从 Bybit 转出至匿名地址

09:32

Address 0x8d0... 59244: Open BTC 20x leverage multiple order, hold 200.03 BTC

09:30

Hot search list: The popularity of ALLO has increased, with a drop of 6.52% in 24H