🔥🔥🔥🔥Four stages of altcoin boom📈
1. Absorption stage: After the bear market, prices bottom out and begin to stabilize, marking the end of the downtrend.
2. Initial rise: Prices begin to rise, but many retail investors miss this opportunity and choose to wait and see.
3. Volatility period: After the initial rise, prices fluctuate sideways or oscillate, which often occurs after Bitcoin halving.
4. Strong rise: At the peak, earnings grow rapidly and everything grows explosively. The first three stages may seem slow, but this is where the real profits are. Impatient traders who chase candles are often punished.
In the final stage, cryptocurrencies make headlines, attract new investors, and prices hit all-time highs. Smart money starts to sell, while retail investors expect the rise to continue indefinitely.
Don't be confused. If you don't have a direction yet, click on the avatar to follow and see the top of the homepage. Keep up with the team and you are in the same boat🔥🔥🔥