It is clear from the chart that the market is in a clear "Bear" phase.
The dark blue color only appears when a liquidity bottom is reached.
What does it mean in short? The market is not scary... but it is quiet. What is happening now resembles the periods before the reversal like the previous one on the chart.
The price of 91k is a psychological number, and the behavior prior to that was more of a smart distribution rather than a natural correction, and we followed the old wallets when they sold $BTC .
Now is the time to monitor... Because any transition from blue to green is the beginning of an actual rise.
Let me take your feelings with me in this tweet 😅 What do you see? Aren't we close to the end and only just beginning the serious descent?
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It is clear from the chart that the market is in a clear "Bear" phase.
The dark blue color only appears when a liquidity bottom is reached.
What does it mean in short?
The market is not scary... but it is quiet.
What is happening now resembles the periods before the reversal like the previous one on the chart.
The price of 91k is a psychological number, and the behavior prior to that was more of a smart distribution rather than a natural correction, and we followed the old wallets when they sold $BTC .
Now is the time to monitor...
Because any transition from blue to green is the beginning of an actual rise.
Let me take your feelings with me in this tweet 😅
What do you see?
Aren't we close to the end and only just beginning the serious descent?