WILL THE FOUR-YEAR CRYPTO CYCLE HOLD OR BREAK IN 2026?

Summary from the TLDR Crypto newsletter

On one hand, BTC's historic four-year peaks could repeat as a self-fulfilling pattern reinforced by leverage and halving psychology. On the other, today's cycle is shaped by institutions, ETFs, stablecoin growth, and Fed dynamics, which may smooth volatility and extend the rally into 2026. Missing euphoric signals and ongoing DAT leverage risks leave the timing uncertain, but stablecoin supply growth remains the key indicator of whether this market still has fuel.