In the historical timeline of the Crypto Assets market, the "second wave golden cross pattern" phenomenon of a certain important indicator has consistently maintained a remarkable time correlation with the peak moments of the bull run. Let's delve into the historical performance of this phenomenon and its potential implications for the current market.



Looking back at the peak of the bull run in 2017, this indicator first showed a second wave golden cross pattern about 6 years ago, and after approximately 355 days, the market welcomed that epoch-making bull run peak. Following the peak of the bull run in 2021, the same indicator once again appeared a second wave golden cross pattern 4 years ago, and about 365 days later, the market climbed to a new high once again.

It is worth noting that in 2024, this indicator is showing the second wave golden cross pattern for the third time. So far, 255 days have passed. According to past experience, it usually takes about 350 days from the appearance of the golden cross pattern to the bull run peak. Based on this estimation, there is about a 90-day time window until the next possible bull run peak.

Despite the market being full of uncertainties, the historical performance of this indicator is undoubtedly worth our close attention. It seems to suggest that we may be in the mid-stage of a key market cycle transition. The coming months could become an important watershed for assessing the market direction.

However, we cannot ignore the complexity and unpredictability of the market. Although this indicator has historical reference value, it should not be regarded as an absolute basis for predicting the future. Investors must still consider various factors when making decisions, including the macroeconomic environment, changes in regulatory policies, technological innovation, and more.

In addition, we should also note that each round of the market cycle has its unique characteristics and driving forces. As the Crypto Assets market continues to mature and evolve, future market behaviors may present new patterns. Therefore, while paying attention to historical data, it is equally important to maintain an open and flexible mindset.

In any case, this indicator provides us with an interesting perspective to observe and analyze market dynamics. In the coming months, closely monitoring market trends while maintaining rationality and caution may be a wise choice.
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NftCollectorsvip
· 14h ago
Data is really good!
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TokenSleuthvip
· 14h ago
History will repeat itself.
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MetaverseMigrantvip
· 14h ago
Opportunity not to be missed
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