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Market Update: Momentum Building
To those concerned about the bull market, please take note. Large crypto assets have been experiencing consistent price drops, with even a slight Bitcoin price movement leading to significant daily declines in other assets like WIF, PEPE, and PEOPLE. This volatility indicates building momentum.
During each price drop or sideways movement, liquidity increases, creating potential for a bigger price surge. Assets still in the red zone since the last bullish run in January are poised to lead the market into the green zone starting next week.
In the next few hours, expect significant price swings, including both pumps and dumps. WIF, for instance, may drop to $1.1, paving the way for a potential rally to its all-time high (ATH) of $10.
As we transition from a bear to a bull market, it's essential to manage profits and minimize losses. Prepare for an exciting market ahead.