Balancer BAL
BAL cycle analysis · chart, confirmed lows and fundamentals
Red List Recovering Phoenix · monthly · score 50 mixed
89.5% below its 365-day high of $1.17 (2025-10-26), +48.3% off the 365-day low. Snapshot 2026-10-21 UTC.
On the Red List.
90% below its rolling 365-day high, 360 days after the high.
Recovering: a monthly swing low has confirmed. The badge coexists with the tier; it is not a completed recovery.
Phoenix monthly: stopped falling by the rules, +48.3% above the Jun 2026 trough. Details below.
Since the previous scan.
Tier, recovering badge and Phoenix state are unchanged between these two observations.
Comparing 2026-10-20 with 2026-10-21 UTC. Classification, not price returns.
Recorded timeline →Where it sits in each cycle
a swing low confirms only when a later bar takes out the low bar's highMonthly
- Last bars
- 2Dr 2Ug 1g 2Ug 1r
- Confirmed low
- $0.0828 · 2026-06-30
- Position
- 4 of median 4 (max 12)
- Current low
- $0.0828 · confirmed
- Cycle-low confidence
- 29%
- Confirmed lows
- 14
Weekly
- Last bars
- 2Ug 1r 3r 2Dr 2Dg
- Confirmed low
- $0.1063 · 2026-09-13
- Position
- 6 of median 4 (max 30)
- Current low
- $0.1157 · unconfirmed
- Confirms above
- $0.1242
- Cycle-low confidence
- 32% · in band
- Confirmed lows
- 52
Daily
- Last bars
- 2Dg 2Ur 1r 3g 1g
- Confirmed low
- $0.1165 · 2026-10-17 (daily)
- Position
- 4 of median 5 (max 17)
- Current low
- $0.1157 · unconfirmed
- Confirms above
- $0.1242
- Cycle-low confidence
- 46% · in band
- Confirmed lows
- 422
The full read, in sentences
- Monthly: forming bar is a red inside bar. Last confirmed swing low 0.0828 (Jun 2026), month 4 of a cycle that has typically run 4. Cycle-low confidence 29%.
- Weekly: forming bar is a green 2-Down. Last confirmed swing low 0.1063 (Sep 2026), week 6 of a cycle that has typically run 4. Current low 0.1157 is unconfirmed — it confirms above 0.1242. Cycle-low confidence 32%.
- Daily: bar is a green inside bar. Last confirmed swing low 0.1165 (2026-10-17), day 4 of a cycle that has typically run 5. Current low 0.1157 is unconfirmed — it confirms above 0.1242. Cycle-low confidence 46%.
- Red List: 90% below the 2025-10-26 high; +48% off the 365-day low.
- Phoenix: 99% decline over 27 months, monthly swing low confirmed (next-bar), now +48% above the trough; pullback #2 confirmed 2026-09-20.
- Gauges: Mayer multiple 1.00 (neutral); -95% vs the 200-week average; -100% from the all-time high.
Has Balancer bottomed?
A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the BAL snapshot records on 2026-10-21 UTC:
Monthly: the last confirmed swing low is $0.0828 from 2026-06-30. The current candidate is marked confirmed. The latest monthly bar is still forming.
Weekly: the last confirmed swing low is $0.1063 from 2026-09-13. A newer candidate at $0.1157 is unconfirmed; its confirmation level is above $0.1242, provided the candidate low is not undercut first. The latest weekly bar is still forming.
Daily: the last confirmed swing low is $0.1165 from 2026-10-17. A newer candidate at $0.1157 is unconfirmed; its confirmation level is above $0.1242, provided the candidate low is not undercut first.
How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.
How far is Balancer below its high?
The Coinbase price snapshot is 89.5% below its rolling 365-day high of $1.17 from 2025-10-26. Separately, CoinGecko reports -99.8% relative to its all-time high of $74.45 in the fundamentals snapshot pulled 2026-10-21.
Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.
The recorded history
scan observations, not exact transition timesFirst observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.
- First observed: Red List; recovering · Phoenix monthly
Phoenix
stopped falling, by the rules- Peak
- $6.16 · Mar 2024
- Trough
- $0.0828 · Jun 2026
- Decline
- -98.7% over 27 months
- Above trough
- +48.3%
- Monthly
- confirmed (next-bar) · trigger $0.1331
- Weekly
- confirmed (late (2 bars))
- False bottom
- $0.7489 · Apr 2025 (2 higher highs, then undercut)
- Entry
- pullback #2 low $0.1063 confirmed 2026-09-20 · trigger $0.1210
| decline | 30 |
| confirmation | 25 |
| earliness | 0 |
| stale | -15 |
| false bottom | 10 |
| bluechip | 0 |
Fundamentals
| Liquidity (24h volume / market cap) can you get out | 2.58 % | 6.9 / 15 |
| Supply overhang (FDV / market cap) unlocked supply waiting to sell | 1.04 x | 14.7 / 15 |
| Size (market-cap rank) survivorship | 1320 # | 0 / 15 |
| Age on Coinbase survived a cycle | 6.0 yrs | 10.0 / 10 |
| usage | could not look — no source data | |
| tvl | could not look — no source data | |
| momentum | could not look — no source data | |
4 of 7 measurable; score renormalized over what was measurable.
- Market cap
- $9.3M
- Fully diluted
- $9.7M
- 24h volume
- $240.8K
- Circulating
- 69,832,829 of 96,150,704 max
- All-time high
- $74.45 · 2021-05-04 (-99.8%)
- Mayer multiple
- 1.001 · neutral
- vs 200-week avg
- -95.1%
- Pi cycle
- 0.225
- On Coinbase since
- 2020-10-06 (2207 bars)
- CoinGecko id
- balancer
Continue your cycle research
How to read a crypto cycle chart · Calculation rules and sources