Realized Cap - UTXO Age Bands (%) (2y ~3y)

Realized-Cap-UTXO-Age-Bands-2y-3y

Realized Cap - UTXO Age Bands (%) (18m~2y) might reveal the bottom of the price cycle (Picture 1).

Realized Cap - UTXO Age Bands (%) (2y ~3y) is useful in identifying the beginning of a substantial price increase (Picture 2).

More specifically, a sharp decrease in Realized Cap - UTXO Age Bands (%) (2y ~3y) may indicate the acceleration phase of the price increase. It is dropping rapidly at the moment (Picture 3). Will it repeat this time?