before stabilizing.
Ok, my bad, I didn't nag enough.
I forgot your background and assumed that you've used external trigger.
Digital signals are not defined by repetition, that's for next level.
There are no practical settling time either, every moment counts.
For low frequency things like this these moments are transitions, so change of level either up or down.
There is of course a transition delay, but that's it, after that the same thing can't happen again before that same transition happens.
So it's either rising edge or falling edge, usually only one, but 68k CPU can use both.
CPU R/_W pin defines writing when it goes low, so falling edge.
Read doesn't happen when level goes up, it's defined elsewhere.
Those read and write moments are part of cycles, there are also many other cycles.
Before those actual read and write operations have meaning there must be an object.
That object must also have time to adapt, transition delay again.
Same with all parts around that happening, like buses.
Cycle includes all of those moments, one cycle lasts many clock pulses.
Generally cycle must end before next can start.
Since R/_W pin defines writing it can also define its end by going up.
That is a normal procedure, down is starting and up is ending for generally everything of falling edge things.
Inside a cycle are different periods.
It is said that certain time period the thing is valid, like data in write cycle.
So at some point when R/_W pin is down the data must be present, address also.
Since everything are based on clock pulses and everything can't happen at once there is a propagation delay.
That's sort of a settling time, but not for a signal, it's settling of different parts of a circuit and can last more than one clock pulse.
For that datasheets have cycle timing pictures.
When chip is accessed it is first selected.
There can be many chips selected at once, but then occupied bus must support that.
Usually address bus is for many and data bus for one, in our case I/O address bus is also for one.
Chip can also be valid only when it is selected, so when _CS pin is down, underline means active low.