Crypto Bull Run: Unveiling the First Stage

2 Mar

After a year-long bear market, cryptocurrency prices enter a consolidation phase at the bottom, lasting approximately 500-700 days. If the price breaks through this consolidation resistance, it could experience a bullish move of 100%-300%, This pattern occurs once every four years in the crypto market.

Currently, most cryptocurrency prices are breaking out of their consolidation phases and experiencing 100%-300% moves. This marks the first stage of the crypto bull run.

I will share the example charts below.

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Hexa

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Example chart of SOLUSDt

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Example Chart of AVAXUSDT

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Another Example chart of INJUSDT

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Most altcoins have formed a similar pattern now.