A very strong bullish signal is present on this chart and we have some interesting price dynamics as well and a time-fractal to consider.
Good evening my fellow Cryptocurrency trader, how are you feeling today?
There was a very strong market flush recently with FUNUSDT (Fun Token), removing all LONGs and all SHORTs between December 2024 and April 2025.
After December, there was a crash producing a major low. The lowest prices in 5 years, since March 2020. Then immediately there was a strong rise producing the highest prices since December 2023. Then a retrace and the action goes back to baseline.
The multiple years long low removes all LONGs. The more than a year strong high removes all SHORTs. A full market flush.
The very strong bullish signal is related to the low point from June 2023. As the present retrace ends, the action is back above this level and this is super-bullish.
From March 2020 through late March 2021 we have 55 candles and 385 days. The same would give us a date of 30 March 2026 for the new ATH. That is if FUNUSDT grows in exactly the same way. This is just an entertaining exercise. This bull market can last 221 days, 180 days, 360 days... Anything goes. It can last 465 days for all I know, but, if the same pattern repeats, we have an entire year to see the market grow.
The exact date? The exact high? Anything goes.
What cannot be doubted is the fact that the Cryptocurrency market is set to produce the strongest growth period since 2021. It will be FUN.
Namaste.