Crypto bull runs happen in different stages, each with its own pattern. The first stage is the Accumulation Phase. This( happens) after a market drop or bear phase. Big investors, known as "whales" ๐, and smart traders ๐ก start buying crypto at low prices ๐ธ. During this phase, not many people are paying attention ๐ to the market, and trading activity is low ๐. Prices are stable and donโt move much because public interest is minimal ๐.
Next comes the Early Rally Phase ๐, where the buying pressure slowly starts to increase. As more investors begin to buy , the prices begin to rise ๐, but it might not be noticeable at first. Experienced traders and analysts spot signs like price breakouts or sudden increases in trading volume ๐, which suggest that the market could be turning bullish๐ฅ.
Once the price rise becomes noticeable, we enter the Public Participation Phase ๐ข. During this phase, more people start noticing the rising prices . Retail traders ๐, along with the media , start talking about it. This brings in a lot more buyers , which causes prices to rise even faster ๐. People donโt want to miss out ๐ฑ, and they jump into the market,( pushin prices higher โฌ๏ธ.
This leads to the Euphoria Phase ๐. Prices reach new highs ๐, and the feeling around the market becomes very positive ๐. The media hype ๐ฐ and( excitement) cause even more people to buy in ๐๏ธ. Many new traders who are not experienced, think that prices will keep going up forever, which leads to sharp price increases ๐. This is often the point where the -market feels like itโs unstoppable ๐ฅ.
After the euphoria, we enter the Distribution Phase . At this point, the big investors and whales start selling their crypto to take profits . As they start -selling ๐ป, prices begin to slow down or even drop ๐ a little. Retail traders, who have not noticed the signs ๐จ, continue to buy, not (realizing) that the market might be reaching its peak โซ. This phase is where the big investors "distribute" their crypto to new buyers ๐ฅ before prices drop .
Finally, the market reaches the Downtrend and Correction Phase ๐. As more people start selling ๐ช and the demand for crypto decreases โ , prices begin to fall sharply โฌ๏ธ. Fear replaces excitement , and many traders panic-sell their assets . This leads to a large drop in prices. and the market enters a correction ๐. This stage can sometimes bring the market back into a bear phase ๐ป, and the( whole) cycle may repeat itself .
Crypto bull runs are fast โก and intense ๐ฅ, driven by both emotions and market conditions . To be successful during these runs, traders need to pay "attention ๐ to the different phases, watch for signals ๐ก, and manage their risks carefully โ๏ธ.
what you think- about this. don't forget to comment.
Follow me Please.
#bullrun2024 ๐๐ #BULLRUN24 #WillBTCBreak100KSoon #MicrosoftBitcoinRejection
