There is no doubt that we underwent a massive bear market.
There is no problem with that, no question...
It is normal and after the bull market comes a bear market.
Now, after the bear market comes a bull market... Forever...
Now again, the question, is the bear market over?
That's the question right?
That's the only question we should be asking.
Let's see what VELOUSDT has to say.
The biggest bearish wave ever starts after the March 2021 peak, VELOUSDT All-Time High (ATH).
By mid-December 2022, more than a year and a half later, a low/bottom is hit.
The reaction after this low answers the question, is the bear market over?
Massive volume.
Super high, ultra-volume and 1,380% growth within 2 months.
Yes, this is the beginning of the bull market.
This type of action only happens after a bottom is in...
You can get a correction but it isn't likely to move below December's 2022 low.
And thus a higher low... Which would then lead to another bullish wave and this cycle repeats for years to come.
It is what it is...
But there is no reason to be mad or sad.
This is awesome.
This is great.
We are trading cryptocurrencies.
We are buying and selling cryptocurrencies.
We want the market to grow.
Even if you are a bear, learn to become a bull because the market is not only down, there is also up.
The bear market is over.
This is my translation of the charts.
Namaste.