Cryptocurrency | Price (USDT) |
---|---|
BTC | $107266.3600000000 |
ETH | $2432.3570000000 |
BNB | $647.8349400000 |
XRP | $2.1832940000 |
ADA | $0.5647630000 |
SOL | $150.6552000000 |
DOGE | $N/A |
DOT | $3.4017000000 |
LTC | $86.1574000000 |
LINK | $13.3566800000 |
Category: CRYPTO NEWS
The post 4-year Crypto Cycle May Break, Ethereum Is Key – Analyst appeared on BitcoinEthereumNews.com. Cryptocurrency market analyst Dan Gambardello has questioned whether the traditional 4-year crypto market cycle could be breaking down. He suggested that current market conditions may not follow historical patterns. Responding to a social media comment that there are “only 7-8 months left” in the current cycle without profit-taking levels being reached, Gambardello challenged the assumption saying, “Why only 7-8 months left? What if the 4 year cycle is broken and we are in new times?” Fed Liquidity Data Points to Potential Altcoin Season Gambardello’s analysis centers on the relationship between Federal Reserve monetary policy and cryptocurrency market performance, particularly for altcoins. “Last time they did this, the end of quantitative tightening, Bitcoin dominance collapsed. If history repeats, alt season is coming,” Gambardello noted. The chart shows that when Fed liquidity expands, Bitcoin’s market dominance tends to decline as altcoins outperform. Source: X The analyst pointed to the Fed balance sheet’s years-long reduction phase, which has “been sucking all the liquidity from these markets.” He argues that this contraction has been particularly challenging for altcoins. With the Federal Reserve expected to begin slowing its balance sheet reduction in April before eventually moving to expansion, Gambardello sees a potential catalyst forming. He emphasized, “If you’re just completely doubtful of crypto and this space, I think if you could focus on one data point, it would be this one.” Ethereum Reaches Key Technical Level as Potential Macro Bottom Forms Gambardello identifies Ethereum as an example of the current altcoin market structure and a potential leading indicator for the alternative cryptocurrency market. His technical analysis focuses on several metrics suggesting Ethereum may be forming a macro bottom despite current market uncertainty. The crypto analyst highlighted that Ethereum has reached what he terms a “historical buy zone” based on its two-year moving average indicator. This…
2025-03-24T03:40:28+00:00