Definition ∞ Cycle support refers to a price level or zone that historically acts as a floor during a market’s periodic downtrends. This level suggests an area where buying interest consistently emerges, preventing further price depreciation within a specific market cycle. It represents a key technical analysis concept for identifying potential turning points. Assets frequently rebound from these established support levels.
Context ∞ Discussions about cycle support in cryptocurrency news often relate to long-term market analysis and predictions for digital asset price movements. Reports may reference these levels when discussing potential market bottoms or accumulation zones for investors. Understanding cycle support aids in interpreting news about market resilience and the cyclical nature of digital asset valuations.
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