Marlin POND
POND cycle analysis · chart, confirmed lows and fundamentals
Amber List Recovering Phoenix · monthly · score 65 mixed
76.3% below its 365-day high of $0.00657 (2025-11-08), +136.4% off the 365-day low. Snapshot 2026-10-21 UTC.
On the Amber List.
76% below its rolling 365-day high, 347 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, +136.4% above the Aug 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 2Dr 2Dg 2Ug 1r
- Confirmed low
- $0.00066 · 2026-08-31
- Position
- 2 of median 3 (max 15)
- Current low
- $0.00066 · confirmed
- Cycle-low confidence
- 64% · in band
- Confirmed lows
- 8
Weekly
- Last bars
- 2Ug 1g 1r 3r 1g
- Confirmed low
- $0.000761 · 2026-09-20
- Position
- 5 of median 5 (max 17)
- Current low
- $0.00066 · confirmed
- Cycle-low confidence
- 82% · in band
- Confirmed lows
- 38
Daily
- Last bars
- 2Dr 1r 2Ug 1r 1r
- Confirmed low
- $0.00143 · 2026-10-17 (daily)
- Position
- 4 of median 5.0 (max 33)
- Current low
- $0.00143 · confirmed
- Cycle-low confidence
- 47%
- Confirmed lows
- 275
The full read, in sentences
- Monthly: forming bar is a red inside bar. Last confirmed swing low 0.00066 (Aug 2026), month 2 of a cycle that has typically run 3. Cycle-low confidence 64%.
- Weekly: forming bar is a green inside bar. Last confirmed swing low 0.0007613 (Sep 2026), week 5 of a cycle that has typically run 5. Cycle-low confidence 82%.
- Daily: bar is a red inside bar. Last confirmed swing low 0.00143 (2026-10-17), day 4 of a cycle that has typically run 5. Cycle-low confidence 47%.
- Amber List: 76% below the 2025-11-08 high; +136% off the 365-day low.
- Phoenix: 98% decline over 29 months, monthly swing low confirmed (next-bar), now +136% above the trough; first weekly pullback after the low confirmed 2026-09-27 (trigger 0.0009777).
- Gauges: Mayer multiple 1.11 (neutral); -85% vs the 200-week average; -96% from the all-time high.
Has Marlin bottomed?
A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the POND snapshot records on 2026-10-21 UTC:
Monthly: the last confirmed swing low is $0.00066 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.
Weekly: the last confirmed swing low is $0.000761 from 2026-09-20. The current candidate is marked confirmed. The latest weekly bar is still forming.
Daily: the last confirmed swing low is $0.00143 from 2026-10-17. 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 Marlin below its high?
The Coinbase price snapshot is 76.3% below its rolling 365-day high of $0.00657 from 2025-11-08. Separately, CoinGecko reports -99.5% relative to its all-time high of $0.3234 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.
- Red List; recovering · Phoenix monthly → Amber List; recovering · Phoenix monthly
- Red List · Phoenix weekly → Red List; recovering · Phoenix monthly
- First observed: Red List · Phoenix weekly
Phoenix
stopped falling, by the rules- Peak
- $0.0436 · Mar 2024
- Trough
- $0.00066 · Aug 2026
- Decline
- -98.5% over 29 months
- Above trough
- +136.4%
- Monthly
- confirmed (next-bar) · trigger $0.00138
- Weekly
- confirmed (next-bar)
- False bottom
- $0.00668 · Jun 2025 (2 higher highs, then undercut)
- Entry
- pullback #1 low $0.000761 confirmed 2026-09-27 · trigger $0.000978
| decline | 30 |
| confirmation | 25 |
| earliness | 0 |
| stale | 0 |
| false bottom | 10 |
| bluechip | 0 |
Fundamentals
| Liquidity (24h volume / market cap) can you get out | 11.41 % | 15.0 / 15 |
| Supply overhang (FDV / market cap) unlocked supply waiting to sell | 1.22 x | 13.4 / 15 |
| Size (market-cap rank) survivorship | 1097 # | 0 / 15 |
| Age on Coinbase survived a cycle | 4.3 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
- $13.3M
- Fully diluted
- $16.2M
- 24h volume
- $1.5M
- Circulating
- 8,227,704,524 of 10,000,000,000 max
- All-time high
- $0.3234 · 2020-12-21 (-99.5%)
- TVL
- $0 (protocol)
- Fees 30d
- —
- Revenue 30d
- —
- Fees 1y
- —
- Mayer multiple
- 1.112 · neutral
- vs 200-week avg
- -85.1%
- Pi cycle
- 0.222
- On Coinbase since
- 2022-06-16 (1589 bars)
- CoinGecko id
- marlin
Continue your cycle research
How to read a crypto cycle chart · Calculation rules and sources