2026-01-02 07:21:24

Looking at the data from the Bitcoin RHODL indicator, it's quite interesting. The recent peak indeed did not surpass the one in 2021.

It sounds a bit off—normally, the highs of a bull market should keep climbing each cycle. But in reality, the peaks are gradually declining. This is not a coincidence; it seems more like some kind of market law repeatedly validating itself.

The level of frenzy in each cycle is converging, and the heat is fading. What does this reflect? Is more risk premium being absorbed, or are market participants becoming more rational? It's hard to draw conclusions in the short term, but based on the performance of the RHODL indicator, at least it shows that BTC's trend is no longer quite the same as before.

BTC1,82%

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RugDocScientist

· 3h ago

This wave of highs didn't break the previous high, what does that mean... I really don't like this kind of trend Are retail investors becoming rational? Or is the market maturing? It's a showdown, a bit pessimistic The top gradually declines in rounds, just hearing it makes me feel... it's time to run

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MidsommarWallet

· 14h ago

The craziness of 2021 is truly gone, feeling a bit pessimistic.

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RektDetective

· 14h ago

Hmm... So this round didn't break the previous high, which is indeed a bit suspicious. Wait, according to this logic, does that mean things will get even more intense later?

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WhaleWatcher

· 14h ago

Are the bull market peaks declining cycle after cycle? Now that's what you call a truly mature market, retail investors have been fully educated.

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SerumSurfer

· 14h ago

Well... The idea of decreasing in each round at a high point is honestly a bit scary. It feels like the crazy period in the crypto world has really passed. What do hodlers think? Still holding or are some starting to panic? If this trend continues, will the next peak be even lower? That would be really bad. But on the other hand, increased rationality isn't necessarily a bad thing... It just makes making money less exciting. Market digesting risk premiums sounds a bit more gentle than a bubble burst, but we still need to be cautious. It feels like BTC has really become a "mature asset," not as exciting.

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LayerHopper

· 14h ago

In plain terms, the bull market is becoming more moderate. Not breaking the 2021 level this time is really disappointing.

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LiquidityWizard

· 14h ago

actually the RHODL metric failing to break 2021 highs is statistically significant... means we're probably looking at a maturation curve, not a death spiral. market efficiency doing its thing i guess

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BearMarketBard

· 14h ago

Damn, no wonder I feel this rally isn't exciting

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