Analyst: The crypto market has not yet reached a "frenzy level," making a large-scale crash unlikely

Jinse Finance reported that macroeconomist Lyn Alden stated that it is currently unlikely for bitcoin and the entire cryptocurrency market to experience a major crash. "We have not yet reached a level of frenzy in this cycle; therefore, there is no reason to expect a massive sell-off." Lyn Alden also refuted the claim that the four-year cycle remains effective: "This cycle may last longer than people expect, because it is not driven by the halving, but rather by broader macroeconomic factors and people's interest in cryptocurrencies themselves."