In 2016-2017, the peak of the small bull market and the peak of the big bull market were 1 year and 190 days apart. In 2019-21, the peak of the small bull market and the peak of the big bull market were 1 year and 218 days apart. Currently, 163 days have passed since the peak of the small bull market. The indicator in the figure is the percentage of BTC on the BTC chain that has not moved for less than 3 months.