Accumulation: The Thread Behind Price Movements
$BOB The text below explains what accumulation is in the context of the financial market, based on the image.
The image I am sharing, showing the price chart of a digital asset, illustrates a fundamental concept in the financial market: accumulation. Although the term may seem technical, it describes a crucial period that precedes significant price movements.
In the context of a chart like the one presented, accumulation refers to a period when "smart" or institutional investors are quietly buying large amounts of an asset, without causing a significant increase in price. It's as if they are "absorbing" the available supply in the market.