Every few years, crypto gets pronounced dead. Usually after a brutal drawdown. Often after a high-profile collapse. Almost always with great confidence. So let’s slow this down and do what traders are supposed to do: look at both sides , strip out the noise, and anchor the argument in serious financial analysis and peer-reviewed research , not Twitter threads. Because the honest answer isn’t dramatic. It’s nuanced. The Case for “Crypto Is Dead” This is not a straw-man argumen