Starting to see alot of bullmarket high predictions. If you want to be ahead of the curve, start thinking about whats the next bear market low after all time highs. Be silly to sell out on the way up at a low price we never see again.

Ethereum enthusiast exploring frontier of layer 2s, gamefi, and decentralized apps.

3x previous ATH, so like 15k. Buy back at previous cycle high. So sell 15k. Buy 5k.

So you are expecting about a 66% drawdown next cycle?

That may be right. In past cycles we have typically gone a bit below the previous ATH. Diminishing returns would also be diminishing drawdowns too so maybe a 70% drawdown is right?