Understanding Crypto Market Cycles
AITrade Research
Oct 9, 2026
Accumulation, markup, distribution and markdown — the four phases that repeat in every market cycle.
Crypto markets move in cycles. Recognising where you are in a cycle can dramatically improve your decision making.
The Four Phases
Markets typically move through accumulation, markup, distribution and markdown. Each phase has a distinct character in terms of volume and volatility.
Patience during accumulation and discipline during distribution are what separate consistent traders from the crowd.