• The oscillator curve has turned higher near -93.46 which has often marked cycle starts in crypto history

  • Market cap now stands at $2.37 trillion and liquidity near 98.82 gives room for another major move soon

  • Decode's custom chart shows strong breakout setup that closely reflects past parabolic moves since 2017

A major crypto macro oscillator is signaling a trend shift as global liquidity and market cap levels prepare for a possible breakout. Shared on June 25 by analyst Decode, the chart features long-term trend data showing signs of a potential parabola. Historical comparisons suggest similar setups have preceded sharp rallies across the broader crypto market.

Source: X

The chart captures the total crypto market cap and overlays a custom macro trend oscillator across nearly a decade of price action. It includes Decode’s Global Liquidity Index, now reading 98.82, alongside the Crypto Total Market Cap at $2.37 trillion. According to the chart, the next significant move could mirror previous parabolic cycles.

Oscillator Cross Signals Major Market Reversal

The oscillator shown at the bottom of the chart features colored histogram bars and a curved orange signal line. Past parabolic rallies began when the orange curve bottomed out and started curving upward through red histogram territory. The current shape suggests the curve is about to turn higher after an extended drawdown.

In the previous market cycles, these upward crosses occurred before massive runs in 2017 and 2020. The histogram now shows soft red bars beginning to contract, a pattern last seen before large-scale bullish reversals. This alignment between oscillator recovery and price consolidation gives the current setup added weight.

Decode's chart includes arrows and parabolic projections on both the macro oscillator and the price chart. The message accompanying the post notes, “The next parabola is closer than you think.” This suggests bullish sentiment rooted in historical cycle rhythm, not just market speculation.

Global Liquidity Support Near Cycle Highs

The green line on the upper chart represents the Decode Global Liquidity Index. It remains close to its upper band, indicating favorable global conditions for asset growth. A reading of 98.82 is among the highest in recent years and appears to have provided support for past bull markets.

Liquidity cycles tend to precede aggressive price movements, especially in digital asset markets. When liquidity remains high, demand can quickly outpace supply, creating rapid price acceleration. This correlation has played out consistently since 2016, including during the 2021 cycle peak.

Current market cap values are still consolidating under previous highs, yet Decode's chart identifies a breakout formation underway. A line is drawn across past horizontal resistance levels, now acting as new support zones for the ongoing uptrend. The combination of liquidity and technical structure supports the bullish macro setup.

Could crypto be entering its next super cycle just as global conditions turn favorable again?

Historical Patterns Align With Current Cycle

The chart reflects three major historical breakouts—2017, 2021 and a projected 2025 move. Each began with consolidation near resistance, followed by breakout candles and multi-month uptrends. The price pattern on the current chart mirrors that structure.

The histogram and oscillator cycle timing also aligns closely with previous cycle bottoms. The orange oscillator curve turning upward in each case has been a reliable precursor to parabolic acceleration. With the current curve lifting near the -93.46 level, technical analysts are watching for confirmation.

Decode’s chart message has generated strong interest, reaching over 36,000 views within a day of posting. Many market participants are now reevaluating their positions in anticipation of what could be a major multi-trillion-dollar expansion.