🚀 Another correction before the pump? 💸
📊 The capitalization chart of all altcoins (excluding ETH) provides important hints!
On the weekly chart of altcoin capitalization (excluding ETH), we see similar corrections before the rise in the last bull cycle:
🔻 April 2021
Correction: -35.80%
Duration: about a week
🔻 September 2021
Correction: -29.45%
Duration: about 3 weeks
🔻 Current correction:
Total: -19.46%
Possible continuation: another 10-16% lower.
⚡️ What does this mean?
If history repeats itself, we can expect the correction to end in 7-14 days and the beginning of a new rise — stay tuned for movements!
🖥️ Your thoughts? Share your predictions in the comments!