If Bitcoin’s low in the current cycle is near $57,800, the market’s correction would be broadly comparable in magnitude and duration with the previous three cycles, Jiang Zhuoer said after posting a historical cycle comparison chart on X. He said many investors may currently be left out of the market, while prolonged sideways trading could intensify FOMO, or fear of missing out. If capital returns, the scope for another decline may be limited. Jiang said the next phase could resemble the "golden pit" seen in the market at the end of 2021, potentially creating a brief opportunity to buy during a pullback.