Elon has also been pretty vocal that he thinks we're headed into a dangerous recession.  I think the yield curve would tend to agree with him.  Crypto is going to have a difficult time over the next year as the Fed realizes that it's going to cause an economic collapse if it doesn't pivot and begin lowering rates.  We've seen this all play out before.  I think the Fed is hoping that inflation keeps assets high enough that we avoid cascading liquidations among the big firms, which would be the difference between now and 2008, but the Fed rarely ever gets it right.  Cash will be King shortly I feel, but once this recession is digested I think we're all hoping for another bull run.