BlockBeats News, February 17th, Cryptocurrency market analyst Axel posted on social media that the current bear market cycle started from the October 2025 ATH of around $125,000 — the Entity-Adjusted Liveliness metric confirmed this, reaching a cycle peak of 0.02676 in December 2025, exhibiting a typical lag behind price, and is now reversing downward.
Historically, this reversal usually marks the beginning of an accumulation phase lasting between 1.1 and 2.5 years. The chart clearly shows the previous two accumulation cycles, with the 2020 bear market lasting 1.1 years, and the 2022–2024 bear market lasting 2.5 years. Both started in exactly the same way, with the green line reversing from its peak, entering a sustained downward phase, followed by a price decline. The current formation structurally matches entirely.
If history repeats, this accumulation phase of the current cycle will last at least until the end of 2026, with a more realistic expectation being mid-2027. The key confirmation signal is when the 90-day moving average reverses downward and falls below the 365-day moving average (0.02622). Until this cross occurs, the possibility of a mid-cycle reset and resumption of the uptrend remains.
