Cycle Turning Point

Definition ∞ A cycle turning point signifies a moment when the prevailing trend in a digital asset market shifts direction, moving from an upward trajectory to a downward one, or vice versa. These points mark the transition between different phases of a market cycle, such as the end of a bull run and the start of a bear market. They are identified through various technical and fundamental indicators, signaling a change in dominant market forces. These junctures are critical for market participants to observe.
Context ∞ News reports often highlight “cycle turning points” when discussing significant market shifts in the cryptocurrency space, such as the end of a prolonged accumulation phase or the beginning of a new growth period. Analysts frequently debate whether current market conditions indicate such a turning point, providing context for future price movements and investor sentiment. Recognizing these shifts is essential for understanding market structure and making informed decisions within the volatile digital asset landscape.