Market analyst Ansem has raised concerns about current cryptocurrency trends, citing a Swing Failure Pattern (SFP) observed in XRP, SOL, and ETH’s weekly charts. This pattern echoes similar occurrences with Litecoin (LTC) back in 2021. Notably, Bitcoin’s price has fallen below its all-time high from 2024, prompting Ansem to believe the market is not experiencing a bullish phase. He observed declining prices, suggesting a waning momentum leading up to the end of a significant 10-month distribution phase. Lacking new developments that drive market growth, Ansem noted MicroStrategy (MSTR) has fallen below its 200-day moving average after peaking in November 2024. Both Ethereum and Bitcoin have witnessed price spikes at the end of each cycle, per Ansem’s analysis. However, he states his outlook could change if the market exceeds the $112,000 mark.