According to Mihir (@RhythmicAnalyst), the S&P 500 Index has experienced four major drops since 2000, each indicated by Mihir's oscillator tool. However, currently, there is no such signal, suggesting there is no cycle-level downside indication at this time. This analysis implies that traders may not need to prepare for an imminent cycle-level decline in the S&P 500, based on Mihir's oscillator.

According to Mihir (@RhythmicAnalyst), the current cycle for XRP shows no breakdown as indicated by the blue line not crossing below the red line on the oscillator. Previous breakdowns occurred in 2018 and 2021, marked by white circles, but the current trend remains strong and upward, suggesting potential bullish opportunities for traders.

According to Mihir (@RhythmicAnalyst), the Bitcoin cycle-level analysis shows a strong upward trend as the blue line has not crossed below the red line on the oscillator, indicating no cycle-level breakdown in the current cycle.

According to Mihir (@RhythmicAnalyst), analysis of previous Bitcoin bull cycles using his oscillator shows that green circles on the price chart and oscillator represent the start of each cycle. The key observation is that the oscillator has not yet crossed below the white center line, suggesting bullish momentum continuation. This indicates potential trading opportunities in the current cycle if the oscillator maintains its position above the center line.

According to Mihir (@RhythmicAnalyst), the green line on the 1D timeframe oscillator marks the initiation of a bullish phase starting mid-September 2024, while the red line represents the breakdown of a bearish correction in December 2024. These indicators are crucial for traders assessing medium-term market trends.

According to Mihir (@RhythmicAnalyst), a positive divergence has been identified for Bitcoin (BTC) in one of the oscillators on a 12-hour timeframe chart, suggesting a potential bounce. The outcome is expected to be observed within the next 24 hours, indicating a short-term trading opportunity for BTC. Source: Mihir (@RhythmicAnalyst)

According to Mihir (@RhythmicAnalyst), a technical oscillator indicated a BTC price breakdown in mid-June 2024. Mihir clarified that he has not shorted BTC but is sharing insights based on technical analysis.