It is the four year cycle. Remember all the usual suspects talking incessantly about it in the lead up to the halving- then more recently going silent on it?

They said 'its different this time because we have institutional investors and ETFs' Bullshit- institutional investors and ETFs are even more fickle and quick to jump ship than private Bitcoiner investors were in previous cycles!

If you think there will be a rebound put your sats where you mouth is-