This cycle never stops. The market rides the same wave—euphoria peaks, panic crashes, rinse and repeat. You see it every time: retail pours in at the top, institutions accumulate on the dip, sentiment swings from FOMO to capitulation. The pattern's clear if you look. Prices spike, bagholders get caught, smart money exits. Then it all resets and starts again. Understanding this isn't about predicting the next move—it's recognizing where we stand in the cycle. That's how you stay ahead instead of chasing.