WHEN WILL THE UPTREND OCCUR?
Investing in crypto since 2017, I have experienced all kinds of trends: ICO, Play-to-Earn, Run-to-Earn, Meme, AI... Through this process, I have realized two important factors for crypto to truly uptrend:
First: there needs to be a strong trend to attract FOMO. History shows that every uptrend has a leading trend: P2E, Meme Coin, AI... Currently, Pi Network seems to be a potential option for market makers to push. But if understood in essence, Pi is not a coin. Unless it has a contract.
The characteristic of the project chosen to be pushed as a trend must be easily accessible to newcomers, serving as a tool for newcomers to enter the market.
Second: the people must have money. An uptrend cannot occur without cash flow. The FED needs to lower interest rates, large funds must flow in, and market sentiment must be more optimistic.
Around this time 4 years ago, we were also on that upward trajectory.