🆘 An#uptrendseason in the crypto market usually goes through the following stages:
1. Accumulation Phase
- Characteristics: Prices often fluctuate within a narrow range, without major fluctuations. Trading volumes are low and investor interest is waning.
- Investor sentiment: Long-term investors and institutions began to buy quietly
2. Initial growth phase (Early Uptrend Phase)
- Characteristics: Prices begin to increase gradually, trading volume increases
- Investor sentiment: Investors see signs of recovery and begin to participate in the market
3. Parabolic Advance Phase
- Characteristics: Prices increased sharply and quickly, trading volume exploded
- Investor psychology: Extreme optimism and excitement. Many new investors enter the market, sometimes just because of FOMO
4. Correction Phase:
- Characteristics: Price begins to decrease after reaching the peak, trading volume may remain high but begins to gradually decrease.
- Investor psychology: Panic and anxiety appear, many people sell off to avoid further losses.
5. Bear Phase:
- Characteristics: Sharp and prolonged price decline, low transaction volume. The market falls into a period of prolonged decline (downtrend).
- Investor psychology: Frustrated and disappointed, many investors withdraw from the market or accept losses.
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