Aave —Full Correction Is Good (Low Prices)A "bear market" cannot develop after a full correction. It doesn't make sense...
AAVEUSDT peaked 16-December 2024 and it has been red. And some people are saying, "It is going to go down. The start of a bear market." It already went down. The bullish action here started in October 2024 and has been corrected by more than 100%.
The action before and lower prices were all part of a long-term consolidation phase.
It took forever. Aave bottomed in June 2022 and consolidated for so long. Then, last year, it produced a strong advance. This is not the end, this is the start.
This advance ends in a higher low as the chart shows today, from this higher low we will get a continuation and establishment of a bullish trend.
For a bull-trend all we need is higher highs and higher lows. It is inconceivable to think that AAVEUSDT will break below its June 2022 low. Impossible. It will be going up.
So we have the first high and now the higher low, when the next advance happens, you have your higher high and that's it, that's how a bull market works.
The next high will produce the same results. A correction and this correction will end higher compared to the current low. This higher low will produce one final advance and this advance will be marketwide, the 2025 bull market bull run, projected to happen in late 2025.
Now, you cannot buy when prices are high, only when prices are low.
Right now, AAVEUSDT is trading at the lowest prices possible. It is trading within the same consolidation range that was active since mid-2022. This is as low as it can go.
This is a great opportunity. No bear market, we are in a bull market year and we are only weeks away before the start of the 2025 bull market cycle, the best and biggest bullish phase since 2021. It will be awesome.
The chart reveals everything you need to know.
The bottom, but also the top.
Namaste.
