Its the same as Bitcoin, has its "losses", and has its winning streaks, and no matter what statistical data you show, there will always be people who claim Bitcoin has died, despite proving time, and time again its actually moving in a upward trend in the long term.
Streaks, I have it for both rise and fall streaks. Below is the part of table for 2020-streaks.
In the last year (2020), there are 10 streaks in total (with my streak definition is for 5
+-days at least to be considered as a streak) and only 2 of them (20%) are Fall streaks. The rest 8 streaks (80%) are all Rise streaks. The last streak (also a rise) is lasting since late 2020 till early days of 2021 (yesterday) and might continue if bitcoin can bounce well today after dip few hours ago.
50% of 8 rise streaks have their duration (longevity) last from 6 to 8 days (I have to round the raw results) with the median is at 6 days. The shortest and longest rise streaks are 5 and 9 days, respectively.
50% of 8 rise streaks have changes (in %) range from 12.3% to 26.3% with the median is at 16.9%. The smallest and largest streaks are 8.8% and 32.2%, respectively.
Raw results
variable | N mean sd p50 p25 p75 min max
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dur | 8.0 6.5 1.4 6.0 5.5 7.5 5.0 9.0
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variable | N mean sd p50 p25 p75 min max
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poc_s | 8.0 19.0 8.4 16.9 12.3 26.3 8.8 32.2
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