Has Ethereum Price Reached Its Cycle Top Yet? This Metric Says ETH Might Not ...
The Ethereum price has had one of the most interesting price actions so far in 2025, dropping to as low as $1,500 early on in the year. The “king of altcoins” has since gone on to forge a new all-time high at $4,946, while outperforming most large-cap crypto assets along the way. As a result […]
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Bitcoin may be demonstrating a slight rebound from its recent downward trend, which began after it hit a new all-time high, but discussions about a possible cycle top are intensifying within the community. While this discussion is accompanied by speculations about this bull cycle nearing its end, an analyst has highlighted a key metric that […]
A quant has pointed out the similarities between the 2017 and 2021 Bitcoin cycles, something that could hint at how the rest of this bear market might play out. Both 2017 And 2021 Bitcoin Cycles Saw New Lows Around The 365-Day Mark Since The Top As explained by an analyst in a CryptoQuant post, the two cycles are more similar than one might expect them to be. The indicator of relevance here is the “drawdown from ATH,” which measures the percentage decrease in the price of Bitcoin following the all-time high during each cycle. Here is a chart that shows the trend in this metric....
The Ethereum price is drawing attention to its potential future outlook, as a crypto pundit points to a striking resemblance between the altcoin’s price action and Bitcoin’s during the 2015-2017 bull cycle. The analyst’s technical chart analysis suggests that ETH is destined for a breakout to $10,000 this cycle, marking new all-time highs. Ethereum Price […]
Everywhere you turn on the internet – from mainstream media to Twitter, Reddit, and more – the conversation centers around Bitcoin. Celebs are promoting it, companies are now holding it, and even cities are considering the cryptocurrency. According to metrics, however, Bitcoin hasn’t yet reached mania stage, but it might do so before the next cycle has peaked if it follows a similar path as the last bull market. Bitcoin Trades At Nearly $50,000 But […]
Glassnode data finds Bitcoin has entered the "belief zone" for the first time since the July 2019 top, indicating a bull cycle is nearing. Bitcoin (BTC) might be in the early phase of a major new bull cycle, a key on-chain metric suggests on Oct. 27. The dominant cryptocurrency has entered the “belief zone,” which historically marked the start of explosive rallies.According to Glassnode, the last time the Net Unrealized Profit/Loss (NUPL) reached the belief zone was in June 2019. In the month that followed, Bitcoin rose from around $7,500 to $13,868 by over 80%.The NUPL of Bitcoin on top....