Shiba Inu grew more than 1,600% in October 2021. All this bullish action happened in just one month, under 30 days. These are the strong variations I keep talking about.
» Tezos's previous bull market lasted 714 days.
» Shiba Inu's previous bull market lasted 49 days (coming from the September 2021 low).
Since October 2021 SHIBUSDT has not seen a new bull market. After the all-time high there was a correction leading to the same pre-bull market support zone being activated but no new lows. We can see a long-term double-bottom and this is a signal of strength.
SHIBUSDT consolidated nicely in 2022 and there was a bullish jump in late 2023 leading into Q1 2024. This is the same move that produced big waves across the entire Cryptocurrency market. Here it was a minor event relatively speaking. If we were to compare this jump to bull market action, it is nothing really. The good news is that we are now entering a completely new market phase.
While we have higher lows in 2024 and 2025 compared to 2022 and 2023, the action for SHIBUSDT is still happening within the "opportunity buy zone." The same range used to buy before a major change of trend. This is mostly relevant for whales because they need years in order to create a position.
So Shiba Inu is in a new and strong accumulation zone ready to grow. Long-term higher lows, sideways and marketwide bullish action; the best is yet to come.
We are looking at bottom prices. You are looking at the lowest levels in 2025 before the bull market phase. There is still some time left but SHIBUSDT is ready to move ahead...
Time is running out.
Market conditions are great.
Simple strategy: Buy and hold.
Thank you for reading.
Namaste.
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