Question 1

What is Cycle Position?

Accepted Answer

Cycle Position (formerly the Peak/Valley Risk Oscillator) is where a market sits in its own cycle, from valley (0%) to peak (100%). Every Indicators view leads with it.

Question 2

How is the Cycle Position oscillator built?

Accepted Answer

It has two engines. The leading, structural engine is built from the drawdown from the all-time high and the distance from the 200-day simple moving average. The lagging, statistical engine is built from expanding alpha, beta, the Sharpe ratio, volatility and drawdown, the ingredients of conventional financial risk measures. The headline reading is the leading engine across Bitcoin and Ethereum; the oscillator page lets you switch engines and assets.

Question 3

How do you read the Cycle Position zones?

Accepted Answer

Each reading falls into a named zone, from accumulation at the low end to danger at the high end, and the page always quotes the zone beside the number. The same model is run over each stock universe on its own, so the AI, quantum, Bitcoin-equities and U.S. market tabs each show their own sector's reading rather than crypto's.

Question 4

What can Cycle Position not tell you?

Accepted Answer

It places today's market against its own past structure; it does not date tops or bottoms. A drawdown-based input only resets at a new high, and a market-wide reading can hide coins moving the other way. Sentiment is a separate layer: see the Fear & Greed Index .

What is Cycle Position?

How is the Cycle Position oscillator built?

How do you read the Cycle Position zones?

What can Cycle Position not tell you?

Other models explained