Note⛔️ the altcoin season will really come ⁉️
The sharks are playing with the market's increase, let's review the market chart over the years:
We can clearly see: the total trading value is very high, creating a new history, however, the total volume is decreasing.
What does that mean 🧐🧐🧐
1. The total value increases in the following cases:
- New coins entering the market
- Coins with increasing price volatility
- BTC price rises
- Sharks buy appropriate volume to pump the price
2. Trading volume decreases when:
- There is currently no confidence in the market
- Waiting for opportunities when the trend is not clearly defined. Buyers at high prices hold and wait, while buyers at low prices hope for higher prices
- Margin trading volume is being burned
3. Combining the two factors we can see
- Currently, sharks are trying to buy small drips of BTC to increase the price and buy corresponding altcoins in small drips
- The market will experience a price drop of no more than 20% for the coins before actually pumping after the sharks get a good price
4. Conclusion
If you are someone who doesn't have enough time, or enough insight into the market, I can say if you can accept or buy potential coins and wait right at this moment
