The market is now in this phase where most people that are still around, are here for the long run and don't care so much about short term price action.
The momentum & hype chasers tend to only come in near the local tops or when BTC is in full on price discovery. Like 2017 & 2021.
These brutal sideways periods are perfect at washing out all the overly emotional traders & holders that make for volatile price action and quick moves up & down.
That's when the market can start finding a high timeframe base. I think we hit this level on a lot of alts already but we'll need BTC & ETH to lead the way higher eventually.
ربع كمية البتكوين لم تتحرك من المحافظ منذ 10 سنين ‼️
اما أصحابه ماتوا او نسوا المفاتيح السرية لمحافظهم أو قد يكون لاشخاص لهم ايمان بالبتكوين على المدى البعيد 🎯
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