# Daily High->Low: 6 Dip(s) <= -20% ===
* Peak 2025-11-12 @ 284.76 -> Trough 2025-11-21 @ 183.00 | DD = -35.7%
* Peak 2026-01-30 @ 676.69 -> Trough 2026-01-30 @ 533.00 | DD = -21.2%
* Peak 2026-02-03 @ 725.00 -> Trough 2026-03-09 @ 517.00 | DD = -28.7%
* Peak 2026-03-20 @ 777.60 -> Trough 2026-03-30 @ 558.58 | DD = -28.2%
* Peak 2026-05-11 @ 1600.00 -> Trough 2026-05-18 @ 1277.33 | DD = -20.2%
* Peak 2026-06-22 @ 2354.39 -> Trough 2026-07-07 @ 1485.02 | DD = -36.9% **<- ONGOING/not recovered**
* **Trough-to-trough distances:** avg = 45.6 calendar days (min=21, max=70) | avg = 30.6 trading days (min=15, max=46) `[n=5 distances from 6 events]`
`Expecting a next dip above 20% drawdown in second half of August above $ 3750 to $ 4000 level. It is all normal, one should not worry about the latest dip. It is just a dip and not the end of a bull run.`