IT'S TIME TO TAKE POSITION IN THE MARKET

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The bearish state of the market presently is partly due to the liquidation activities of long term investors. Some edge funds will need to pay investors devident hence they need to liquidate their position and holdings. As this goes on, fundings become very negative when this happens - liquidated longs and many people trying to go short.

This phase is know as accumulation phase, when a range is formed. Whales (people who have the means) would try to mop up the market at a low cost aiming to sell later at a higher value. Mid-term bearish structure is already broken. This happened in all coins. They are also bouncing from a strong support. Showing signs of strength and bullish trend. In the coming months, we may begin to see long long bullish candles. The bull is around the corner and some major adoption of Crypto can also make the market super bullish anytime soon.



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