Seeing this Bitcoin cycle chart really gives me a sense of déjà vu, like history repeating itself. The same halving rhythm, similar volatility curves, and the FOMO all feel like copy-paste. Those heart-stopping moments while watching the charts late at night now just look like tiny ripples on the K-line in hindsight. The most bittersweet part is that during this cycle, several old buddies who survived 94 and 312 with me ended up falling because of altcoins. Back then, we were hyping each other up in the group, saying, 'Hold on, and we’ll achieve financial freedom.' Now, their profile pictures haven’t lit up again since. We managed to survive countless crashes together, only to get wiped out during what seemed like the most exciting party. Sometimes, I feel like Bitcoin is a strict teacher, giving us the same test every four years, yet people still get the easy questions wrong—the ones we just went over in the last lesson. When the next halving comes, I wonder how many old friends will reunite at the peak? If you ever see this, old buddy, whether you’re all in or completely out right now, remember to save yourself a ticket home.