๐ Market Cycle in Cryptocurrencies
Cryptocurrencies like $BTC and $ETH do not move randomly but go through recurring cycles known to traders:
1๏ธโฃ Accumulation Phase: After major crashes, large investors start buying quietly. Prices seem stable, but in reality, strong positions are being built.
2๏ธโฃ Bull Market Phase: Demand increases ๐ and prices rise sharply, the media starts talking, and people enter the market enthusiastically. This is where significant profits appear.
3๏ธโฃ Distribution Phase: Prices are at high peaks, "whales" begin selling part of their holdings at the expense of new entrants.
4๏ธโฃ Bear Market Phase: Prices drop sharply ๐ณ๏ธ, many traders exit with losses, but the smart ones wait again for the accumulation phase.
๐ก Summary: If you understand the market cycle, you can know when to buy and when to sell, instead of just being a wave follower.
#crypto #CryptoTrading. #ุชุฏุงูู_ุงูุนู ูุงุช_ุงูู ุดูุฑุฉ
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โ My question to you: In your opinion, which phase of the market cycle are we currently in?
