#CardanoDebate

The question right now relates to the short-term because we all know what is happening long-term.

There is a sequence of higher lows starting June 2023. The next one comes August 2024 followed by a strong bullish breakout. So the market is bullish.

The bullish wave enters a correction with a major low in February retested in April. Now we are looking at a short-term retrace and local higher low (2025).

The 7-April low leads to a bullish breakout and this breakout gets corrected, four weeks red. This is the fourth red week and the end of the retrace. From this point on, we will see growth.

The left side of the chart is always the past. The right side the present.

The bear market wave is hard to miss (left-red), it was straight down. The bull market period is different, it has been going in sequence. Strong jump followed by a strong correction. What we are about to experience is something different.