According to Miles Deutscher, the cryptocurrency market is currently in the disillusionment phase of its lifecycle. This follows a period of inflated expectations among investors, which has led to widespread cynicism due to disappointing price actions. However, Deutscher notes that adoption trends require time to fully develop, suggesting a potential for future growth despite current sentiments.

According to Milk Road, despite current market volatility, now is not the time to abandon cryptocurrency investments. The article emphasizes the importance of staying invested due to emerging adoption trends and technological advancements driving future value (source: Milk Road). Furthermore, historical data suggests that bear markets often precede significant bull runs, making this a potentially strategic time for long-term investors (source: Milk Road).