Crypto Long & Short: Six signs a crypto winter is ending

In this news:

Historically, in limited observations, “crypto spring” has begun quietly, with prices stabilizing while public interest remains subdued. Several indicators that have historically marked the transition from crypto winter to crypto spring appear present today. These observations are not predictions, and these may prove false or premature signals, but each sign is worth monitoring in the months ahead.

1) Cycle length: Spring has historically begun 17 months before the supply halving or 12 to 14 months from the prior peak. September is 17 months before the next halving and 11 months from the prior peak.

2) Exchange and institutional stress: Major exchanges have failed or closed just before crypto spring begins. BitMEX announced in July that it would close in September.

3) Drawdowns of 77% to 84% below prior peaks: Bitcoin’s drawdown of 53% (Bloomberg price data from October 6, 2025, to June 30, 2026) may be sufficient to count as a sign, but remains shallower than those of previous crypto winters.

4) Bitcoin difficulty: An indicator of how hard it is to mine a bitcoin, difficulty typically declines at the end of a crypto winter and then increases to mark crypto spring. While difficulty has declined, it has not yet rebounded.

Share the article:

Top Trending Cryptocurrencies on The Market

Current Price

$7.269

7 Days
KCS 7 days: -3.11%

Market Cap

$1.0B -1.04%

24h Volume

$18.6M

Supplies

142.2M / ∞

Current Price

$9.679

7 Days
GT 7 days: -2.94%

Market Cap

$1.0B -2.24%

24h Volume

$892.6K

Supplies

116.9M / 142.6M

Current Price

$0.03552

7 Days
KAS 7 days: +1.9%

Market Cap

$986.8M 0.35%

24h Volume

$14.8M

Supplies

27.8B / 28.7B

Current Price

$105.22

7 Days
BCAP 7 days: -0.49%

Market Cap

$958.8M 0.00%

24h Volume

-

Supplies

9.1M / ∞

Current Price

$0.08837

7 Days
POL 7 days: -4.41%

Market Cap

$940.5M -0.31%

24h Volume

$54.2M

Supplies

10.6B / ∞

Current Price

$0.1030

7 Days
ALGO 7 days: -7.28%

Market Cap

$935.3M 0.12%

24h Volume

$55.1M

Supplies

9.1B / 10.0B

Current Price

$0.2770

7 Days
JUP 7 days: -6.19%

Market Cap

$920.8M -1.85%

24h Volume

$63.5M

Supplies

6.9B / 10.0B

Current Price

$1.689

7 Days
RENDER 7 days: -6.83%

Market Cap

$876.8M -0.01%

24h Volume

$55.3M

Supplies

533.5M / 644.2M

Current Price

$1.631

7 Days
ATOM 7 days: -5.97%

Market Cap

$875.6M 0.80%

24h Volume

$49.5M

Supplies

536.4M / ∞

Current Price

$0.07565

7 Days
PI 7 days: -22.67%

Market Cap

$850.8M -0.66%

24h Volume

$3.6M

Supplies

17.3B / 100.0B

Current Price

$1.000

7 Days
OUSD 7 days: +0.19%

Market Cap

$825.1M 0.05%

24h Volume

$290.6K

Supplies

825.0M / ∞

Current Price

$11.254

7 Days
USTB 7 days: +0.07%

Market Cap

$824.8M 0.00%

24h Volume

-

Supplies

73.4M / ∞

Notifications Login to see

Today

No Notifications

↑