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# Decipher the Psychology of the Crypto Market!

Are you new to the crypto world? This knowledge is crucial for you. Experts forecast a new bullish trend peaking at the end of 2025, roughly 12-18 months post this year's halving. Unfortunately, many will still fall into common traps. Let's demystify the psychological stages of the market:

PHASE 1: Accumulation

During this phase, crypto whales and early adopters buy at low prices. New projects emerge, but skepticism persists. This is akin to last year when Bitcoin dropped to $15,000.

PHASE 2: Impulse

In this phase, prices rise, correct, and rise again. Excitement builds, holders feel euphoric, FOMO sets in, and altcoins surge in value.

PHASE 3: Euphoria

Greed dominates, prices skyrocket, the market captures widespread attention, and irrational behavior emerges. Beware of scams! Newcomers should be extra cautious when the Bitcoin fear and greed index reaches 90.

PHASE 4: Crash

The market plummets, turning red.

Understanding these phases can help you navigate the crypto market more wisely and avoid costly mistakes.

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