this market has always been manipulated, and it always will be; only the patient survive.
if it melts 50% I will buy another 50%, just relax, after all I don't need this money right now anyway.
Analystos
--
The Crypto Market Just entered the 5th Phase: Here’s What Will Happen
Protect yourself first, here’s what you need to do:
What is the 5th Phase:
This phase typically occurs after a period of large price movements, and it tends to be marked by uncertainty. Traders like Eugene find this phase less appealing because the lack of volatility makes it harder to make significant profits. The duration of this phase is hard to predict, and it may last until the market picks up more momentum or experiences major disruptions.
This Phase is Characterized by Certain Key Traits:
Lower Volatility: The market experiences less dramatic price swings, and the overall movement becomes more stable.
Price Consolidation: Asset prices stop rapidly increasing or decreasing and tend to stay within a narrow range for a period.
Reduced Trading Volume: Fewer people are actively buying and selling, leading to lower market activity.
Bullish Losses: While the market shows some positive signs, the gains are modest and sometimes result in losses.
What Big Traders are Doing Now:
Current Market Phase:
Trader Eugene, in a recent update, mentioned that the market has entered its fifth phase.
This phase is marked by lower volatility, price consolidation, and decreased trading volume.
There are bullish losses, but many assets are not seeing significant price movement.
Altcoins’ Status:
Some stronger altcoins have hit their bottom, but the overall bottom for most assets is still unclear.
Eugene points out that this phase has less action, making it difficult to predict market direction.
Trader’s Approach:
Eugene plans to focus on one or two defensive assets that might perform better if his bearish outlook is wrong.
He is avoiding most altcoins due to the lack of market movement.
Unpredictable Duration:
Eugene believes that the fifth phase may not last as long as the previous one, since there are no major disruptions like company failures or project collapses.
However, he admits that this is just a guess, and the market could continue to follow stock trends for a while longer.
Follow us for more
What is the 5th Phase:
This phase typically occurs after a period of large price movements, and it tends to be marked by uncertainty. Traders like Eugene find this phase less appealing because the lack of volatility makes it harder to make significant profits. The duration of this phase is hard to predict, and it may last until the market picks up more momentum or experiences major disruptions.
This Phase is Characterized by Certain Key Traits:
Lower Volatility: The market experiences less dramatic price swings, and the overall movement becomes more stable.
Price Consolidation: Asset prices stop rapidly increasing or decreasing and tend to stay within a narrow range for a period.
Reduced Trading Volume: Fewer people are actively buying and selling, leading to lower market activity.
Bullish Losses: While the market shows some positive signs, the gains are modest and sometimes result in losses.
What Big Traders are Doing Now:
Current Market Phase:
Trader Eugene, in a recent update, mentioned that the market has entered its fifth phase.
This phase is marked by lower volatility, price consolidation, and decreased trading volume.
There are bullish losses, but many assets are not seeing significant price movement.
Altcoins’ Status:
Some stronger altcoins have hit their bottom, but the overall bottom for most assets is still unclear.
Eugene points out that this phase has less action, making it difficult to predict market direction.
Trader’s Approach:
Eugene plans to focus on one or two defensive assets that might perform better if his bearish outlook is wrong.
He is avoiding most altcoins due to the lack of market movement.
Unpredictable Duration:
Eugene believes that the fifth phase may not last as long as the previous one, since there are no major disruptions like company failures or project collapses.
However, he admits that this is just a guess, and the market could continue to follow stock trends for a while longer.
Follow us for more
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.