CryptoQuant Head of Research: The "4-year cycle" is still valid, with the core lying in demand and adoption waves

Jinse Finance reported that Julio Moreno, Head of Research at CryptoQuant, posted on X stating that the reason people claim the "4-year cycle" is no longer valid is simply because prices are not moving as they expected. However, the core of the "four-year cycle" is not price performance or a specific time period, but rather the waves of demand and adoption. Each cycle brings new demand and capital inflows, but the wave of demand will eventually subside, which is precisely why cycles exist.