Analysis: The bear market may continue until mid-2027. Close attention should be paid to the crossover signals between the 90-day moving average and the 365-day moving average.
Crypto analyst Axel pointed out that this bear market began at the peak in October 2025, with the accumulation phase expected to last until the end of 2026 or mid-2027. The Entity-Adjusted Liveliness indicator shows a current downward reversal, and historical patterns suggest the accumulation stage will last between 1.1 and 2.5 years, with the key being the crossover signal between the 90-day and 365-day moving averages.

















