#美联储回购协议计划 Seven-year curse on the edge! Established mainstream coins gather strength at the end of the triangle pattern
Recently, I reviewed several mainstream coins that have experienced two bull and bear cycles, and found an interesting commonality among them—
**Key features to watch:**
1️⃣ At the peak of the 2021 bull market, most failed to surpass the all-time high set in 2017. This phenomenon is quite meaningful.
2️⃣ Since then, they have entered a long consolidation phase. Consolidation duration? Nearly 7 years. Sideways digestion, repeated confirmations, this process is a bit torturous.
3️⃣ Looking at a longer timeline, most coins have formed very obvious converging triangles. The range of volatility narrows year by year, and the price space is continuously compressed.
**Taking XRP and ZEC as examples—**
XRP has recently moved to the narrowest part of the triangle pattern, attempting an upward breakout. ZEC’s situation is similar. They both touched the historical resistance zone created in 2017. Although there has been a short-term pullback, their current positions are above the 2021 peak. What does this indicate? At least it shows that the market still has an upward intention.
From the shape and time cycle perspective, this 7-year digestion cycle is nearing its end. Will it break through or fall back again? The market will give the answer. It’s worth continuing to observe the subsequent performance of these established coins.
Trang này có thể chứa nội dung của bên thứ ba, được cung cấp chỉ nhằm mục đích thông tin (không phải là tuyên bố/bảo đảm) và không được coi là sự chứng thực cho quan điểm của Gate hoặc là lời khuyên về tài chính hoặc chuyên môn. Xem Tuyên bố từ chối trách nhiệm để biết chi tiết.
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Retweed
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ContractTester
· 5giờ trước
7 năm đi ngang, đúng là phải chịu đựng bao nhiêu mới được, tôi thật sự phục các độ kiên nhẫn của những đồng coin cũ này
Xem bản gốcTrả lời0
BagHolderTillRetire
· 5giờ trước
7 năm đi ngang thật sự là đỉnh cao, cảm giác mọi người trong giới tiền điện tử đều đã già đi một vòng
Xem bản gốcTrả lời0
BoredStaker
· 5giờ trước
7 năm đi ngang thật sự xuất sắc, cảm giác gần như đã quên cách những đồng coin này tăng giá rồi
Xem bản gốcTrả lời0
GateUser-c799715c
· 5giờ trước
7 năm đi ngang thật sự là một nỗi đau, hy vọng đợt này có thể phá vỡ thế bế tắc và đột phá.
Xem bản gốcTrả lời0
GasGuru
· 5giờ trước
Seven years of sideways trading is truly amazing, it feels like the crypto market time has been extended.
#美联储回购协议计划 Seven-year curse on the edge! Established mainstream coins gather strength at the end of the triangle pattern
Recently, I reviewed several mainstream coins that have experienced two bull and bear cycles, and found an interesting commonality among them—
**Key features to watch:**
1️⃣ At the peak of the 2021 bull market, most failed to surpass the all-time high set in 2017. This phenomenon is quite meaningful.
2️⃣ Since then, they have entered a long consolidation phase. Consolidation duration? Nearly 7 years. Sideways digestion, repeated confirmations, this process is a bit torturous.
3️⃣ Looking at a longer timeline, most coins have formed very obvious converging triangles. The range of volatility narrows year by year, and the price space is continuously compressed.
**Taking XRP and ZEC as examples—**
XRP has recently moved to the narrowest part of the triangle pattern, attempting an upward breakout. ZEC’s situation is similar. They both touched the historical resistance zone created in 2017. Although there has been a short-term pullback, their current positions are above the 2021 peak. What does this indicate? At least it shows that the market still has an upward intention.
From the shape and time cycle perspective, this 7-year digestion cycle is nearing its end. Will it break through or fall back again? The market will give the answer. It’s worth continuing to observe the subsequent performance of these established coins.