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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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Botcoin MVRV Z-Score Bull vs Bear Market: the 30D–365D spread is deeply negative and still deteriorating, so a 30D vs 365D crossover does not look imminent. In this model’s framework, that corresponds to a deep bear phase.
Based on cycle analogs, the most likely window for the next crossover is H2 2026.