Layer 2 · rank #735

Cartesi CTSI

CTSI cycle analysis · chart, confirmed lows and fundamentals

$0.0316+0.3% 1d-0.1% 7d+7.2% 30d

Red List Recovering held Phoenix · monthly · score 65 bullish lean

53.4% below its 365-day high of $0.0677 (2025-11-20), +55.5% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.02070.072310.25262024-052025-072026-10low 0.0203 (96%)false bottommonthly trigger 0.0251
Where it stands

On the Red List.

Held on the Red List: it last met the Red List rules. Today it reads Amber List; a tier moves down only after five consecutive scans below its rules.

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, +55.5% 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 2U

Last bars
2Dr 2Dr 2Ug 1g 2Ug
Confirmed low
$0.0203 · 2026-07-31
Position
3 of median 4 (max 13)
Current low
$0.0203 · confirmed
Cycle-low confidence
29%
Confirmed lows
12

Weekly 1

Last bars
1g 2Ug 2Ug 1r 1g
Confirmed low
$0.0233 · 2026-09-13
Position
6 of median 5 (max 15)
Current low
$0.0203 · confirmed
Cycle-low confidence
47% · in band
Confirmed lows
52

Daily 2U

Last bars
2Dr 2Dr 1r 2Ug 2Ug
Confirmed low
$0.0292 · 2026-10-18 (daily)
Position
3 of median 5.0 (max 19)
Current low
$0.0292 · confirmed
Cycle-low confidence
20%
Confirmed lows
383
The full read, in sentences
  • Monthly: forming bar is a green 2-Up. Last confirmed swing low 0.0203 (Jul 2026), month 3 of a cycle that has typically run 4. Cycle-low confidence 29%.
  • Weekly: forming bar is a green inside bar. Last confirmed swing low 0.02327 (Sep 2026), week 6 of a cycle that has typically run 5. Cycle-low confidence 47%.
  • Daily: bar is a green 2-Up. Last confirmed swing low 0.0292 (2026-10-18), day 3 of a cycle that has typically run 5. Cycle-low confidence 20%.
  • Red List: 53% below the 2025-11-20 high; +56% off the 365-day low.
  • Phoenix: 96% decline over 29 months, monthly swing low confirmed (next-bar), now +56% above the trough; first weekly pullback after the low confirmed 2026-09-20 (trigger 0.03024).
  • Gauges: Mayer multiple 1.15 (neutral); -73% vs the 200-week average; -98% from the all-time high.

Has Cartesi bottomed?

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

Monthly: the last confirmed swing low is $0.0203 from 2026-07-31. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.0233 from 2026-09-13. The current candidate is marked confirmed. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.0292 from 2026-10-18. 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 Cartesi below its high?

The Coinbase price snapshot is 53.4% below its rolling 365-day high of $0.0677 from 2025-11-20. Separately, CoinGecko reports -98.2% relative to its all-time high of $1.74 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. Amber List; recovering · Phoenix monthly → Red List; recovering · Phoenix monthly
  2. Watch; recovering · Phoenix monthly → Amber List; recovering · Phoenix monthly
  3. Amber List; recovering · Phoenix monthly → Watch; recovering · Phoenix monthly
  4. First observed: Amber List; recovering · Phoenix monthly

Phoenix

stopped falling, by the rules
Peak
$0.4618 · Feb 2024
Trough
$0.0203 · Jul 2026
Decline
-95.6% over 29 months
Above trough
+55.5%
Monthly
confirmed (next-bar) · trigger $0.0251
Weekly
confirmed (next-bar)
False bottom
$0.0496 · Jun 2025 (2 higher highs, then undercut)
Entry
pullback #1 low $0.0233 confirmed 2026-09-20 · trigger $0.0302
Score 65
decline30
confirmation25
earliness0
stale0
false bottom10
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health72 / 100 · Strong
Liquidity (24h volume / market cap)
can you get out
19.81 %15.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.05 x14.6 / 15
Size (market-cap rank)
survivorship
735 #0 / 15
Age on Coinbase
survived a cycle
5.5 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
$28.7M
Fully diluted
$30.1M
24h volume
$5.7M
Circulating
952,230,055 of 1,000,000,000 max
All-time high
$1.74 · 2021-05-08 (-98.2%)
Mayer multiple
1.15 · neutral
vs 200-week avg
-73.3%
Pi cycle
0.441
On Coinbase since
2021-05-06 (1995 bars)
CoinGecko id
cartesi

Continue your cycle research

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