ZKsync ZK
ZK cycle analysis · chart, confirmed lows and fundamentals
Red List Recovering held Phoenix · monthly · score 77.0 mixed
82.6% below its 365-day high of $0.0876 (2025-11-05), +114.7% off the 365-day low. Snapshot 2026-10-21 UTC.
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, +114.7% 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 2Ug
- Confirmed low
- $0.0071 · 2026-08-31
- Position
- 2 of median 4.5 (max 10)
- Current low
- $0.0071 · confirmed
- Cycle-low confidence
- —
- Confirmed lows
- 5
Weekly
- Last bars
- 2Ug 2Ur 3g 2Ur 1g
- Confirmed low
- $0.0107 · 2026-10-11
- Position
- 2 of median 5.0 (max 16)
- Current low
- $0.0071 · confirmed
- Cycle-low confidence
- 55% · in band
- Confirmed lows
- 19
Daily
- Last bars
- 2Dr 2Dr 1r 3g 1g
- Confirmed low
- $0.0140 · 2026-10-18 (daily)
- Position
- 3 of median 5.0 (max 18)
- Current low
- $0.0140 · confirmed
- Cycle-low confidence
- 41%
- Confirmed lows
- 141
The full read, in sentences
- Monthly: forming bar is a green 2-Up. Last confirmed swing low 0.0071 (Aug 2026), month 2 of a cycle that has typically run 4.5.
- Weekly: forming bar is a green inside bar. Last confirmed swing low 0.01068 (Oct 2026), week 2 of a cycle that has typically run 5. Cycle-low confidence 55%.
- Daily: bar is a green inside bar. Last confirmed swing low 0.01397 (2026-10-18), day 3 of a cycle that has typically run 5. Cycle-low confidence 41%.
- Red List: 83% below the 2025-11-05 high; +115% off the 365-day low.
- Phoenix: 97% decline over 20 months, monthly swing low confirmed (next-bar), now +115% above the trough; pullback #2 confirmed 2026-10-18.
- Gauges: Mayer multiple 1.26 (neutral); -94% from the all-time high.
Has ZKsync bottomed?
A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the ZK snapshot records on 2026-10-21 UTC:
Monthly: the last confirmed swing low is $0.0071 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.
Weekly: the last confirmed swing low is $0.0107 from 2026-10-11. The current candidate is marked confirmed. The latest weekly bar is still forming.
Daily: the last confirmed swing low is $0.0140 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 ZKsync below its high?
The Coinbase price snapshot is 82.6% below its rolling 365-day high of $0.0876 from 2025-11-05. Separately, CoinGecko reports -95.2% relative to its all-time high of $0.3210 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
- $0.2732 · Dec 2024
- Trough
- $0.0071 · Aug 2026
- Decline
- -97.4% over 20 months
- Above trough
- +114.7%
- Monthly
- confirmed (next-bar) · trigger $0.0107
- Weekly
- confirmed (next-bar)
- False bottom
- $0.0366 · Jun 2025 (2 higher highs, then undercut)
- Entry
- pullback #2 low $0.0107 confirmed 2026-10-18 · trigger $0.0165
| decline | 30 |
| confirmation | 25 |
| earliness | 12.0 |
| stale | 0 |
| false bottom | 10 |
| bluechip | 0 |
Fundamentals
| Liquidity (24h volume / market cap) can you get out | 8.05 % | 15.0 / 15 |
| Supply overhang (FDV / market cap) unlocked supply waiting to sell | 1.94 x | 7.9 / 15 |
| Size (market-cap rank) survivorship | 237 # | 3 / 15 |
| Usage (price / annualized fees) fees people actually pay to use it (DefiLlama) | 884.5 x | 0 / 20 |
| TVL backing (market cap / TVL) capital parked in it (DefiLlama) | 9.66 x | 0.6 / 15 |
| Fee momentum (30d vs prior 30d) is usage growing into the recovery | 16.1 % | 6.6 / 10 |
| Age on Coinbase survived a cycle | 2.1 yrs | 4.5 / 10 |
7 of 7 measurable; score renormalized over what was measurable.
- Market cap
- $142.2M
- Fully diluted
- $276.0M
- 24h volume
- $11.4M
- Circulating
- 10,816,539,153 of 21,000,000,000 max
- All-time high
- $0.3210 · 2024-06-16 (-95.2%)
- TVL
- $14.7M (chain)
- Fees 30d
- $13.2K
- Revenue 30d
- $13.2K
- Fees 1y
- $463.8K
- Mayer multiple
- 1.256 · neutral
- Pi cycle
- 0.269
- On Coinbase since
- 2024-09-25 (757 bars)
- CoinGecko id
- zksync
Continue your cycle research
How to read a crypto cycle chart · Calculation rules and sources