It could be clearer to me that the cycle is not over.



Everywhere I look, every chart I compare, they all tell the same story.

That we are at the late stage of the cycle, where BTC finishes its final leg, and the rotation to $ETH and alts happens.

We have TOTAL3/BTC on the top and we can see that it currently looks exactly the same as it did just before alts became dominant last cycle, with the exact same consolidation time of 1,099 days.

And ETH/BTC below again to add more confluence to this.

Lastly, this is all shaping up at the same time as we have begun to transition to easing liquidity.

The list of confluences for this being the phase of the cycle which we are in is staggering.

Yet the timeline has never been more depressed.

Go figure.
BTC2.7%
ETH6.04%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)