I believe the main contradiction that makes the current crypto industry appear so bleak is:

The old OGs of Bitcoin keep selling under the psychological expectation of the four-year cycle theory and locking in excess returns, while institutions that are building positions in Bitcoin are also pleased to see this, continuously buying low and sneaky. The sluggish price then "validates" the four-year cycle theory's "effectiveness," leading other retail investors to follow suit and sell.

This results in a situation where the price keeps rising but cannot go much higher, nor does it fall drastically (because institutions are supporting the floor). But once the OG whales and retail investors have sold most of their holdings, and institutions have accumulated enough, it might just be a matter of a single arrow piercing the clouds. By then, everyone might no longer be able to get on the train.

In twenty or thirty years, when Bitcoin reaches hundreds of thousands or even a million per coin, your grandchildren might mock you for not holding on despite such an obvious trend. So everyone should remember the current situation well, as an answer for both them and themselves.

"Because, at this moment, we are very likely missing the last opportunity for retail investors to hold or get on Bitcoin."