The Wyckoff Accumulation Phase is when large, informed investors quietly accumulate shares after a downtrend, setting the stage for a price breakout. Key features include:
1. Trading Range: Price stays within a set range after a downtrend.
2. Low Volume: Smart money buys shares without spiking volume.
3. Higher Lows/Highs: Indicating increasing demand.
4. Choppy Price Action: Some volatility while shares are absorbed.
This phase prepares for the Markup Phase, where prices are likely to rise.
#BinanceAlphaTop5 #BTCNewATH #BinanceAirdropsCATandPENGU #BinanceAlpha 