Morgan Stanley: Bitcoin Has Entered the "Autumn of the Four-Year Cycle," Now Is the "Harvest Season"

Jinse Finance reported that strategists at Morgan Stanley stated that the crypto market has entered the "autumn phase" of bitcoin's four-year cycle and advised investors to take profits before a potential "winter" arrives. Denny Galindo noted that historical data shows bitcoin's price cycle exhibits a steady "three rises and one fall" rhythm. Galindo suggested that investors lock in gains in advance to prepare for the possible coming crypto winter. "We are now in autumn," he said. "Autumn is the season of harvest, the time when you should take your profits. But the question is, how long will this 'autumn' last? When will 'winter' begin?" This "harvest" metaphor indicates that Wall Street executives have begun to view the rhythm of the bitcoin market through a cyclical investment framework, similar to commodities or liquidity-driven macro cycles.