The 4-year cycle theory won't apply to hyperliquid:native Everyone's still trading crypto like it's 2021. Wait for the halving, ride the liquidity wave, and exit before the bear. That playbook only works for assets that are pure beta to Bitcoin... coins with no revenue, coins with early investors/founders/devs that will dump you along the way, coins that sell you a dream, no buyer of last resort, nothing underneath them but narrative. hyperliquid:native is not that. hyperliquid:native has cash flow. Hyperliquid generates real fees, and those fees buy back hyperliquid:native. It's a mechanism that runs whether $BTC is green or red. When an asset has its own demand engine, it stops being a passenger on Bitcoin's 4-year ride and starts pricing on its own fundamentals: volume, revenue, buyback pressure, and a strong community. I was blind but now I see... P.S: the image suck, but I hope u got my point