Definitely bullish, everything points up.
Let's start with the good news. The next wave, the 2025 bull market bullish wave, will be awesome. Why? Because the 2024 initial bullish breakout was really strong, super strong. More than 600% and it reveals what is coming.
Naturally, this breakout is corrected into a higher low. Here with a classic rounded bottom pattern (orange).
This higher low will soon transform into a new bullish wave leading to a new high, higher high and new All-Time High. The new All-Time High can then go crazy and reach even higher, new heights. You will need to scroll up to find the higher targets on the chart.
I am again keeping it simple as I don't see any need to complicate things. Stellar is set to grow. Right now prices are good for trading trading spot and focusing on the long-term. Leverage traders have many other factors to consider, a closer look is needed.
Namaste.