Will history rhyme? Here comes the reference for the rise and fall rhythm of BTC and ETH in July!
Every July brings a bit more anticipation to the crypto market. So, does Bitcoin and Ethereum have any 'inertia' in their performance in July? Let's take a brief look:
Bitcoin (BTC) in July over the past 12 years:
• The probability of rising is about 66%, the historical trend rhythm is: rise-fall-rise-fall-rise-rise-fall-rise-rise-rise-fall-rise.
• In the last 4 years: rise-rise-rise-fall.
• Confirmed rise in 2024, according to the rhythm, 2025 may need to be a bit cautious, may experience fluctuations or adjustments, but overall still biased towards strong.
Ethereum (ETH) in July over the past 9 years:
• The probability of rising is about 33%, the first 4 years almost 'continuous falls', with a period of 3 consecutive years of rising in between.
• In the last 2 years (2023, 2024) continuous decline, from the rhythm perspective, there may be an opportunity for a rebound in 2025.
Summary of insights:
• July for BTC is usually an optimistic month, with a higher historical probability of rising, but 2025 may be slightly cautious, or experience fluctuations.
• ETH has seen continuous declines in July for the past two years, and from the rhythm perspective, there is a rebound opportunity this year, worth paying close attention to.
Of course, history is just a reference; the market still depends on the macro environment and market funds, but looking back, cycles sometimes really do rhyme.
Do you think next July will continue to rhyme with history? Feel free to leave a message to discuss together!