In Elliott wave theory, wave 3 is the most important and profitable wave for investment participation. We focus on price forecasting for the next year in altcoin investments in the crypto market.
1/ Wave 3 (Bullish Wave): Wave 3 started in October 2024 and is expected to end in April 2025: It is usually the largest and strongest wave in a trend, market news tends to be quite positive, and there are good assessments of fundamental factors. Prices increase rapidly, with short and quick price corrections before continuing the strong upward trend (for example, prices may drop suddenly by 30% - 40% in 1 - 2 days, then recover immediately). When wave 3 begins, most investors are still skeptical, but by the middle and end of wave 3, the "crowd" will FOMO.
2/ Wave 4 (Correction Wave): Wave 4 is expected to start in April and end in June 2025: It is a clearly corrective wave, and the price cycle of wave 4 will last from 2 to 3 months, causing investor frustration.
3/ Wave 5 (Final Bullish Wave): Wave 5 is expected to start in July and end in November 2025: It is the final wave in the upward trend, with very good market news and a large influx of new investors, resulting in FOMO. Investors tend to pour money into this phase; when wave 5 ends, prices drop sharply, and the market enters a downtrend phase, which is when investors lose money.
This is the forecast for waves 3, 4, and 5 as the three major waves of this uptrend cycle in the crypto market. If investors can take advantage of waves 3 and 5, they can change their financial position.
Reference from the AMA Team.