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I was actually a little hesitant to say one year. Two years is a nicer window. Proper unwind can take quite some time.
Curious why you think we take longer to unwind relative to the previous cycle. Given that the market is exponentially larger, both in terms of liquidity and public exposure, wouldn't two years sour the public opinion and put the nail in the coffin?
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I think liquidity providers would still enjoy the relative volatility, and I would expect it to range widely, but I think the market has a lot more cleaning up to do. For instance, if utility tokens lose strength as a very concept, that bleed will bring pain.
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Arrest and clean up phase for next year! Lawyers start driving lambos
End of conversation
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