At the beginning, the process starts slowly. In this case — Thena — THEUSDT on the daily time frame — we have a gradual rise since the highest low on November 30. Each candle individually reaches higher prices. (These are 3D candles.)
Over time, the upward trend becomes stronger; buyers start to appear; market sentiment rises with the continued slow ascent, and excitement also increases. It's like a heater. The heat causes pressure to build up, then BANG! — a significant rise.
We are at the beginning of this process. Not just Thena, of course, but this is also true for other altcoins. I was thinking about all the meme coins that were extremely bullish a few days ago—what happened to them?
If you look at PEPEUSDT, for example, you'll find that after our strong growth, we had two days of losses. Nearly no price change, a pause, then the market continues in a very wild manner...
If we go back to the time when the market was still bearish, every upward movement was canceled the next day. Now we have a strong upward movement, a full week of green-closing candles, and red candles are weak, not strong at all.
This is it. This price dynamics shows a strong bullish bias spreading across alternative coins. What one does, the others follow.
I noticed that many traders have exceeded their margin limits and used excessive leverage on the long side. The market also balances this out. All of this is good and indicates additional growth.
We can gauge market strength through the king and queen of cryptocurrencies—Bitcoin is trading safely above $90,000, while Ethereum is trading above $3,000. The wolves have disappeared.
⚠️ Notice:
This analysis is for educational purposes only and does not encourage futures trading or any prohibited transactions. The goal is to clarify potential market movements, not to provide direct buy or sell recommendations.
💡 Important notes:
- This analysis is for educational purposes only.
- Please study the market and make decisions based on your ability and tolerance for risk.
- The author is not responsible for others' trading or their profit outcomes.
Namaste.
✅ Trade here on $THE