According to the source, some experts believe retail traders still follow the four-year Bitcoin cycle playbook, contributing to the latest crypto market pullback; many analysts cited by the source expect this cycle to be invalidated, signaling that halving-based timing may be less reliable for entries and exits in the current environment. According to the source, traders should prioritize real-time market structure and liquidity signals over fixed-cycle heuristics to manage risk in BTC and majors.