Some analytics or why cyclic analysis works in the case of Bitcoin and does not work in the case of Ethereum. One thing must be clearly understood. Cyclic analysis is based on the use of patterns arising in the course of trading, and for their occurrence takes time.
More precisely, even not so, not only for the emergence of patterns takes time, but also to track these patterns and separate them from the usual information noise. In the case of Bitcoin, we are dealing with 7 years of history. Which of course is not enough, but nevertheless we have already about 75 months of trading history, and at this time interval we can already see some regularities. As for Ethereum, speaking of him we have only about 24 months of normal history, and cycles lasting about a year or more simply physically could not have time to form.
And even if they are already formed, it is unlikely that we, as outside observers, could have time to notice them, because their detection and verification also take time. That is why so far in the case of Ethereum there is no point in making forecasts based on cyclical analysis.
