The price movement of Ethereum (ETH) has always been the focus of the Crypto Assets market. Through the analysis of the monthly charts from previous bull runs, we have discovered a rather interesting pattern: each bull run usually presents a "three peaks" formation, followed by reaching the peak and conclusion of the market.



Looking back at the current market movement, we can see that the prototype of the "three peaks" has already begun to take shape. Coincidentally, if we connect the high points of past bull runs into a reference line, the position of this round of market is precisely in line with this trajectory.

Based on this historical pattern, we can infer that the future market window may last for about 2-3 more months. The real bull run may be concentrated around 6 weeks. This means there are still investment opportunities in the short term, but both time and space are relatively limited.

After this stage, the market is likely to enter a period of consolidation at a high level for Bitcoin, while gradually completing the outflow of funds. This pattern has repeated itself many times in history.

For investors, this means there are still opportunities in the short term, but timing is crucial. Missing the best opportunity may lead to the risk of buying at a high. Therefore, at this stage, investors need to stay vigilant, closely follow market trends, and make informed investment decisions.

It is worth noting that while historical patterns provide valuable references, there is always uncertainty in the market. Investors need to comprehensively consider other factors, such as the macroeconomic environment, technological developments, regulatory policies, etc., when making decisions to fully assess market risks and opportunities.
ETH0.26%
BTC-0.63%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
MissedTheBoatvip
· 08-17 16:57
Preparing to take on high positions again...
View OriginalReply0
UnluckyMinervip
· 08-16 18:53
Here we go with the mysticism again.
View OriginalReply0
GasWastervip
· 08-16 08:50
bruh... already spent 2.3 eth on failed txs this month, ain't got time for these market patterns tbh
Reply0
Web3ProductManagervip
· 08-16 08:50
running a quick cohort analysis on this pattern... idk seems too simplistic tbh
Reply0
ZeroRushCaptainvip
· 08-16 08:50
Hmph, everyone get ready for double Margin Replenishment, today I'm going to Reverse and go All in short!
View OriginalReply0
Ser_This_Is_A_Casinovip
· 08-16 08:47
Collecting money, collecting money
View OriginalReply0
DefiOldTrickstervip
· 08-16 08:45
18-year suckers old ginger gets carried away when it smells meat.
View OriginalReply0
BlockchainDecodervip
· 08-16 08:40
The sample size of the data is too small, and the three peaks theory lacks statistical significance.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)