Crypto traders with ‘emotionless approach’ to do well this cycle — Exec

Sticking to historical crypto cycle patterns could still pay off for retail traders, despite the increasing influence of institutional investors, says a crypto executive.

“If you’re analytical, follow the patterns, and take an emotionless approach, you’re going to do well in the crypto space,” Australian crypto exchange Coinstash co-founder Mena Theodorou told Cointelegraph on Tuesday.

Altcoins to “catch up and do their little thing”

“I just follow the patterns of what’s happened in the past,” Theodorou said. He expects this cycle to be no different, where Bitcoin (

ETH will “tear the market a new asshole,” says Arthur Hayes

While some analysts are making familiar predictions based on past cycles, others aren’t convinced that Bitcoin is about to lose momentum.

BitMEX co-founder Arthur Hayes said on Tuesday that “the coming Ether bull run is about to tear the market a new asshole,” predicting it could hit $10,000 by the end of the year.

“Ever since Solana rose from the FTX ashes from $7 to $280, Ether has been the most hated large-cap crypto,” Hayes added. 

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However, he said that the outlook is starting to change, pointing to Fundstrat’s Tom Lee’s recent bullishness on Ether.

Strategy co-founder Michael Saylor holds a different belief that Bitcoin will not see downside. “Winter is not coming back,” Saylor said on June 11. “We’re past that phase; if Bitcoin’s not going to zero, it’s going to $1 million.”

Meanwhile, Xapo Bank CEO Seamus Rocca told Cointelegraph earlier this month that the risk of a prolonged bear market is still very real and does not need a “cataclysmic” event to trigger it.

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This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.