This could be the start of a bull market,

or it could be the end for many traders at the table.
Many people don't understand,
why the starting point of a bull market is actually the most brutal phase.
Because during this stage,
the market's goal isn't to rally,
but to cleanse the position structure.
The traders left over from the last bear market,
are those accustomed to high leverage, holding positions overnight, and betting on rebounds.
These positions,
are the "impurities" that must be cleared out before the bull market truly begins.
So you'll see:
irrational rapid surges,
sudden crashes without clear reasons,
and swings of hundreds of points.
This isn't out of control,
but market makers testing:
who will be driven out by emotion.
The only core characteristic of the bull market's starting point is:
the direction gradually turns positive,
but the process is extremely uncomfortable.
So during this phase,
those who can hold onto spot positions are safest,
while high-leverage contracts are most likely to fail.
Those who can endure this,
will be qualified later to discuss trends and patterns.
#ETH #BTC #SOL