Bitwise CEO: The crypto market may have experienced a nearly six-month bear market and is approaching its end

ChainCatcher news, Bitwise CEO Hunter Horsley stated on the X platform that the traditional "four-year crypto cycle" model is no longer applicable to the current market structure. Since the launch of bitcoin ETFs and changes in the regulatory environment, both market participants and trading motivations have undergone significant shifts. He noted that the crypto market may have been in a bear phase for a long time, but is now close to emerging from the downturn, and believes that the overall allocation environment for crypto assets is "stronger than ever."