The S&P 500 is currently showing a pattern that strongly resembles the one observed during the same period last year.
At that time, the market had undergone a similar correction… before going on to reach a new all-time high (ATH).
At the same time, the crypto market has experienced significant volatility. Over the course of about 20 days, more than $300 billion was injected and then withdrawn, illustrating a phase of uncertainty and capital repositioning.
This type of movement is not insignificant.
When traditional markets correct, the crypto market often reacts in an amplified manner. But historically, these phases of volatility sometimes precede more structured movements.
The current situation therefore raises an interesting question:
Are we in a simple correction phase…
or in a transition period before a new bull cycle?