Crypto may be on the verge of a recovery sooner than you think.

Things are not as bad as they look.

We all know the sentiment for crypto is based on the price of BTC. The price of BTC unfortunately follows the financial markets, the financial markets use key indicators like the Dow. The Dow Jones industrial average currently does not represent the energy sector in a proper proportion with other sectors. (Oil and Gas companies are currently making serious bank) China is ramping up production again, Chip prices (like GPU miners) are starting to fall. High fuel costs are driving Trucking companies out of business, which is increasing the amount of used equipment onto the market, which also lowers prices, higher interest rates are deterring home buying which also lowers housing costs.

Like any Arbitrage, things always find a way to balance themselves out. There is profitability and lowering costs happening, and the financial markets react (recover) 6 months to a year in advance of a potential recovery.

A lot of people in crypto are relatively new investors and they haven't experienced full cycles. It's these cycles that you always hear the stories about the people who "sold too early" and got out of BTC when it was $25.

So basically it's not a question on if Crypto recovers. It's a question of when. Just look for quality, sustainability, and revenue generation. The "Meme Coin" type bubble may have burst, and stay suppressed. But good projects with use case will recover and prevail.