DePIN · rank #1697

Bluzelle BLZ

BLZ cycle analysis · chart, confirmed lows and fundamentals

$0.00942+1.2% 1d+2.4% 7d+1.0% 30d

Amber List Recovering Phoenix · monthly · score 55 mixed

70.8% below its 365-day high of $0.0323 (2025-10-31), +64.4% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.005990.047480.37642024-052025-072026-10low 0.00573 (99%)monthly trigger 0.0095
Where it stands

On the Amber List.

71% below its rolling 365-day high, 355 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, +64.4% above the Jul 2026 trough. Details below.

What changed

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 high

Monthly 1

Last bars
2Dr 2Dr 2Ug 2Ug 1r
Confirmed low
$0.00573 · 2026-07-31
Position
3 of median 6.5 (max 22)
Current low
$0.00573 · confirmed
Cycle-low confidence
21%
Confirmed lows
7

Weekly 2D

Last bars
2Ug 1r 2Dr 2Dr 2Dg
Confirmed low
$0.00847 · 2026-09-20
Position
5 of median 5 (max 20)
Current low
$0.00884 · unconfirmed
Confirms above
$0.00943
Cycle-low confidence
54% · in band
Confirmed lows
40

Daily 2U

Last bars
2Dg 3r 2Dr 2Ug 2Ug
Confirmed low
$0.00884 · 2026-10-19 (daily)
Position
2 of median 5 (max 24)
Current low
$0.00884 · confirmed
Cycle-low confidence
16%
Confirmed lows
330
The full read, in sentences
  • Monthly: forming bar is a red inside bar. Last confirmed swing low 0.00573 (Jul 2026), month 3 of a cycle that has typically run 6.5. Cycle-low confidence 21%.
  • Weekly: forming bar is a green 2-Down. Last confirmed swing low 0.00847 (Sep 2026), week 5 of a cycle that has typically run 5. Current low 0.00884 is unconfirmed — it confirms above 0.00943. Cycle-low confidence 54%.
  • Daily: bar is a green 2-Up. Last confirmed swing low 0.00884 (2026-10-19), day 2 of a cycle that has typically run 5. Cycle-low confidence 16%.
  • Amber List: 71% below the 2025-10-31 high; +64% off the 365-day low.
  • Phoenix: 99% decline over 27 months, monthly swing low confirmed (next-bar), now +64% above the trough; first weekly pullback after the low confirmed 2026-09-27 (trigger 0.01017).
  • Gauges: Mayer multiple 1.06 (neutral); -91% vs the 200-week average; -98% from the all-time high.

Has Bluzelle bottomed?

A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the BLZ snapshot records on 2026-10-21 UTC:

Monthly: the last confirmed swing low is $0.00573 from 2026-07-31. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.00847 from 2026-09-20. A newer candidate at $0.00884 is unconfirmed; its confirmation level is above $0.00943, provided the candidate low is not undercut first. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.00884 from 2026-10-19. The current candidate is marked confirmed.

How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.

How far is Bluzelle below its high?

The Coinbase price snapshot is 70.8% below its rolling 365-day high of $0.0323 from 2025-10-31. Separately, CoinGecko reports -98.8% relative to its all-time high of $0.7831 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 times

First observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.

  1. Red List; recovering · Phoenix monthly → Amber List; recovering · Phoenix monthly
  2. Amber List; recovering · Phoenix monthly → Red List; recovering · Phoenix monthly
  3. First observed: Amber List; recovering · Phoenix monthly

Phoenix

stopped falling, by the rules
Peak
$0.4818 · Apr 2024
Trough
$0.00573 · Jul 2026
Decline
-98.8% over 27 months
Above trough
+64.4%
Monthly
confirmed (next-bar) · trigger $0.0095
Weekly
confirmed (late (3 bars))
False bottom
none
Entry
pullback #1 low $0.00847 confirmed 2026-09-27 · trigger $0.0102
Score 55
decline30
confirmation25
earliness0
stale0
false bottom0
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health55 / 100 · Sound
Liquidity (24h volume / market cap)
can you get out
2.2 %5.7 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.03 x14.7 / 15
Size (market-cap rank)
survivorship
1697 #0 / 15
Age on Coinbase
survived a cycle
4.9 yrs10.0 / 10
usagecould not look — no source data
tvlcould not look — no source data
momentumcould not look — no source data

4 of 7 measurable; score renormalized over what was measurable.

Market cap
$5.2M
Fully diluted
$5.4M
24h volume
$114.1K
Circulating
483,663,536
All-time high
$0.7831 · 2018-02-09 (-98.8%)
Mayer multiple
1.062 · neutral
vs 200-week avg
-91.0%
Pi cycle
0.371
On Coinbase since
2021-12-09 (1778 bars)
CoinGecko id
bluzelle

Continue your cycle research

How to read a crypto cycle chart · Calculation rules and sources