Binance Research: Crypto Market Cap Enters Historical Bottom Zone 11.9 Months After Peak
- —Past three cycles bottomed 11–13 months after their peaks
- —This cycle bottomed 8.8 months after the peak, followed by a 44% market cap rebound
- —Bitcoin's NUPL bottomed at 0.09 versus -0.43 in 2018 and -0.31 in 2022
- —A golden cross took 2.3 months after the low, with the 50-week MA recovering in under three months
Why it matters: If market cap falls back below its July low, historical bottom models may need reassessment — a key gauge for judging the current market phase.
Source: TokenPost