Cardano heat map analysis completed using Binance data (Apr 2018 onwards). Two views: month-over-month and grouped by 4-year cycles. Data pulled at midnight US time for precise monthly open/close accuracy.
Key limitation: Dataset starts April 2018 only—misses 2017 bull run and earlier price discovery. Binance launch date creates incomplete first cycle view.
For $ADA positioning: 4-year cycle grouping matters more than MoM noise. Watch if current cycle rhymes with 2020-2021 structure or shows divergence. Heat map useful for identifying seasonal patterns and cycle tops/bottoms, but remember Cardano's fundamentals and narrative have shifted significantly since 2018.
Key limitation: Dataset starts April 2018 only—misses 2017 bull run and earlier price discovery. Binance launch date creates incomplete first cycle view.
For $ADA positioning: 4-year cycle grouping matters more than MoM noise. Watch if current cycle rhymes with 2020-2021 structure or shows divergence. Heat map useful for identifying seasonal patterns and cycle tops/bottoms, but remember Cardano's fundamentals and narrative have shifted significantly since 2018.