From the HODL indicator, Bitcoin's current cycle peak indeed did not surpass the 2021 level. This actually reflects an interesting phenomenon — each bull market top seems to lower the previous cycle's record. The pattern of decreasing peaks is very evident in on-chain data, which may be worth traders paying more attention to when developing strategies.
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StableGenius
· 6h ago
so the on-chain data basically confirms what i've been saying... declining peaks every cycle. contrary to popular belief, most traders still don't get this pattern, tbh
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rekt_but_not_broke
· 6h ago
I'm already tired of the downward trend at the highs. Every round it's the same thing, what else can be done?
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ChainWallflower
· 6h ago
Uh... why do these numbers look a bit pessimistic? Are the peaks getting lower and lower each round?
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MissedAirdropBro
· 7h ago
Peak decline? Doesn't that mean each round is worse than the last? That would be really heartbreaking.
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SorryRugPulled
· 7h ago
Uh... so this time didn't break the previous high again? Feels like every round is just repeating the same script.
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BrokenDAO
· 7h ago
Peak decline? This is just a sign that the market consensus is gradually breaking down, nothing surprising.
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fomo_fighter
· 7h ago
The thing about decreasing peaks, to put it simply, is that it's becoming harder to harvest the retail investors. Institutions need to come up with new tricks.
From the HODL indicator, Bitcoin's current cycle peak indeed did not surpass the 2021 level. This actually reflects an interesting phenomenon — each bull market top seems to lower the previous cycle's record. The pattern of decreasing peaks is very evident in on-chain data, which may be worth traders paying more attention to when developing strategies.