Celebrated macroeconomist Lyn Alden says today’s crypto conditions do not signal an imminent “major capitulation.”
Appearing on the latest episode of the “What Bitcoin Did” podcast, Alden emphasized that the market has yet to reach extremes that typically trigger massive sell-offs.
“We haven’t hit euphoric levels in this cycle; therefore, there is less of a reason to expect a kind of major capitulation,” Alden told host Danny Knowles.
According to her, current crypto conditions suggest the bull run could stretch longer than many anticipate, driven not by the traditional four-year halving cycle, but by broader macro factors and genuine institutional interest.
Her optimistic take is similar to Bitwise CIO Matt Hougan, who predicted the good times in crypto conditions could last “good few years.”
Crypto Conditions Rarely Deliver the Drama Traders Expect
Alden cautioned against extreme predictions in either direction.
“It’s usually not as good as people expect, or not as bad as people expect,” she said.
Despite the 22.46% drop over the past 30 days and sentiment taking a hit, Alden believes the current crypto conditions simply don’t justify panic.
“No one is owed a bull market,” she stressed, pushing back against traders who treat perpetual uptrends as a birthright.
