𝙏𝙊𝙏𝘼𝙇2 (𝙖𝙡𝙩𝙘𝙤𝙞𝙣𝙨) 𝙞𝙨 𝙥𝙖𝙞𝙣𝙩𝙞𝙣𝙜 𝙖 𝙛𝙖𝙧 𝙗𝙚𝙩𝙩𝙚𝙧 𝙥𝙞𝙘𝙩𝙪𝙧𝙚 𝙩𝙝𝙖𝙣 𝙢𝙖𝙣𝙮 𝙩𝙝𝙞𝙣𝙠.
On the higher time frames you could say we pretty much pump and dumped entirely like textbook behavior.
The key sell areas are being respected as much as the key buy areas.
Every single one of these zones also aligns with major sentiment that:
"This is only the beginning of the bull run!"
And
"This is truly the end of the bull run!"
I'm convinced many people have completely capitulated already on the last wave down into demand recently.
Hence why we are slowly but visibly going up again.
While some chop is still possible for the reasons mentioned above I don't believe this to be a "dud wave" or "dead cat bounce" either.
In a way everything completely falls in line.
The daily chart?
Also paints are rather bullish picture short term.
Slowly creeping up to reclaim the 1T market cap level.
Not to long from now you'll slowly start to notice that those sell-offs from the past few months aren't really happening anymore.
You start to wonder what changed or what is happening as many said it was all over for real this time (classic).
Well frens, it isn't, it's the start of the next leg-up.
That's what it is.
~
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