Crypto Market Cap Breaks Accumulation Range as Business Cycle Expands
The crypto market cap has broken out of its long-running accumulation range, signaling that the year-long sideways trading may be ending. According to Dan Gambardello's market analysis, this move comes as the business cycle starts expanding.
Ethereum is also playing a crucial role in the setup, with its accumulation channel and ETH/BTC dynamics forming part of the broader analysis. The current market structure is being framed by comparisons between post-QT conditions in 2019 and 2025.
The business cycle expansion is another key aspect of the argument, which describes 2026 as a year for bullish positioning and preparation for expansion. The crypto accumulation and opportunity window is approaching its end as market capitalization pushes beyond the established range.