In order to provide a broader picture of what is going on, the analyst brought in a chart of the Wilshire 5000 Total Market Index ratio against the U.S. GDP and overlaid it with a curve of total crypto market capitalization. This chart, popularized by, shows at which levels valuations are at a given moment. Thus, we can see that the current situation of all financial markets is really similar to the crises of the early and late 2000s.
By examining the analyst's chart, investors can see that we have only just come down to the crisis marks, which could mean there is room for further declines.However, McGlone believes that careful investors will have a chance to takein terms of reward/risk already in the near future, in the second half of the year.