$BTC broke ATH last season 69k, $ETH reached 4k to break ATH but then stopped. This was followed by 3 months of altcoins falling and then going sideways.
3 months later to the present. We have someone calling short $BTC 71k because 3 times before $BTC touched 71k the price all decreased.
Altcoins have mostly split in two from the peak and although they are also on the side, technology coins are expected to increase again next season.
In a sideways trend, there are 2 cases that will happen one at a time. First is the distribution chart, where people shout to each other about the super cycle, #BTC 1 M, this season there will be no downtrend, Bitcoin standard. This is where Whale often releases goods and then says goodbye to the market.
The second is the cumulative sideways chart where we see the opposite scene: everyone has doubts, analysis of ups and downs in the 15-20% price range.
"short at range high and long at range low" he shouted happily as he had found the holy grail of trading. Then one day the market broke up without any specific reason.
Or it can also be said that the specific reason is that they have been passing by long enough to collect goods and now that they have completed the collection, the increase has occurred.
I see ETF cash flow has returned, the European central bank has cut interest rates (the US has not yet). America's unemployment rate is not good, leading to the desire to stimulate the economy. The Fed turned dovish to the market.
This is the most favorable environment we will have after the 2022-2023 period when the FED just became hawkish and increased interest rates. The future is very bright, it's just that the price is not shown on the chart yet, but when the price increases then it calls Fomo DCA positive...