Psychology of a Market Cycle - DeFi Edition

Here's the DeFi version of the infamous Wall Street cheat sheet aka "Psychology of a Market Cycle".

Of course - it's never really this simple. This is just a bit of fun, nothing I like more than applying this template in retrospect!

If it did follow the cheat sheet to the letter, we'd be seeing a long lull in the market and then a rise back up for roughly March 2021.

Note:

Full disclosure, I'm bullish on DeFi long term. I believe the current DeFi market will evolve, similar to how BTC evolved through many market cycles over time. Projects like LINK, NBT and CORE will survive and thrive. The scams will boom and bust with each cycle.