Kaspa peaked in July 2024. It went bearish until April 2025. A total of 274 days, a little more than nine months.
When in doubt, read a book.
When looking at this chart with the log. scale on it might seen like the correction didn't do much, but indeed it did. KASUSDT went as low as the 0.786 Fib. retracement level in relation to the action between May 2023 and July 2024. The correction reached more than 74%. That is, -74%. A drop this big and lasting this long.
The market always looks for balance. Once the bearish wave is over we get a bullish wave.
The market always seeks balance. Corrections tend to be shorter and smaller than bull markets. So, if the market went down for 9 months, for how long do you think it will grow?
April 2025 was bearish but only at first. Last month ended up closing green.
April produced the lowest prices since November 2023 but then recovered and closed green. A bullish reversal signal but needs confirmation. This month we are up and full green, confirmation confirmed.
This all means that the bulls are in. The market is changing or already changed.
Remember, I told you it would take the masses until late May to figure out what was really happening; extreme bullishness, we are only weeks away. Come late May 2025 and there will be no doubt, every now knows that Crypto is going up. Kaspa is no exception, prepare for massive growth.
Namaste.