Where are we in the crypto cycle?

Do you believe this crypto cycle is...

1) the same 4-year cycle as always.

2) a longer less volatile version of previous cycles (we still end w/ a crash).

3) a supercycle...no more mega crashes, new paradigm.

What do you think?

Three Arrows Capital CEO Su Zhu outlines his bullish thesis for Dogecoin.  Zhu stated that he's keen on DOGE because the meme coin has captured more  interest from “blue-collar” traders than any
Su Zhu calling for the supercycle (Colorized, 2021).