๐ The Four Phases of an #Altcoin Bull Marketย
1.Accumulation: After a bear market, prices hit the bottom and consolidate, signaling the end of the downtrend.
2. First Leg up: Prices start to rise, but many retail investors miss the shift, staying on the sidelines.
3. Chop: After the initial surge, prices move sideways or choppy, often seen post-Bitcoin halving.
4. Up Only: The peak phase where massive gains happen quickly, everything goes parabolic.
The first three phases may seem slow, but that's where the real profits are made. Impatient traders chasing candles often get burned.ย
In the final phase, crypto dominates headlines, attracting new investors, and prices hit all-time highs. Smart money starts selling, while retail investors expect the rally to continue indefinitely.ย
