$BTC Decay Channel Oscillator Update – 25/03/2026

- The oscillator just touched a record low range of ~0–5% after a sharp decline since the peak in 2025

- The range of 0–20% historically often coincides with capitulation / early accumulation phases – where momentum, volume,... weakens significantly, prices test support but also mark the starting point for the next major recovery.

- Currently, the oscillator is at an extremely low level similar to previous cycle lows while the Fear & Greed Index is also deep in Extreme Fear ~10

- The market is in a state of fear + low momentum typical of the washout phase, usually when weak positions are eliminated, laying the groundwork for new momentum

- This is the time to calmly observe on-chain and volume. Low oscillator + Extreme Fear often create the best asymmetric opportunities in the cycle