Real talk. Yes, crypto isn't owned by Elon or by China but they really doing this that are making the market move onto their favor and that's a fact.
But whatever they say, that won't change the fact that the hype might be over soon and with things today, it's unlikely to be over and I think it's just getting started again.
The hype may be far from over. "De-Fi" and NFTs are becoming increasingly popular, adding "spice" to the crypto market. Unless something very bad happens in the long run, the crypto market will only go higher over time. We can say that crypto is like a roller coaster. Sometimes it goes sky-high due to hype, while other times it goes all the way down the drain. I've seen that each Bitcoin halving event adds "fuel" to the hype. Prices per crypto asset soar like there's no tomorrow as people pour money like crazy. What matters is not the hype but rather crypto's utility. As long as crypto is useful, nothing else matters. Just my thoughts