Lower High

"Lower High" in crypto refers to a technical analysis term used to describe a pattern where each successive peak in the price of a cryptocurrency is lower than the previous peak. This indicates a weakening of bullish momentum and often signals a potential trend reversal from an uptrend to a downtrend.

Example: Suppose a cryptocurrency's price reaches $100, then drops to $90, then rallies to $95, and then falls again. In this scenario, the peak at $95 is lower than the previous peak at $100, forming a lower high pattern.

Case: Bitcoin experienced a lower high pattern in early 2018 during the cryptocurrency market correction. After reaching an all-time high near $20,000 in December 2017, Bitcoin's price formed successive lower highs as it declined, eventually entering a prolonged bear market. This lower high pattern was a signal to traders and analysts that the bullish trend was losing momentum, prompting many to adjust their trading strategies accordingly.