Well, technically we're 0.5% away from exiting one and entering a bearish market.
73666 > 59300 is a --19.50 % drop, a 20% one from the ATH means the end of a bull market if we go by standard definitions.

This pattern is characterized by a strong upward trend followed by a brief consolidation period before an upward breakout. Mister Crypto’s measured bull flag target is a lofty $117,000. However, technical analysis is not an exact science. The bull flag pattern will become invalidated if Bitcoin breaks down below the roughly $59,000 level in the coming days and weeks.

• Week 18, 2024 report

Accumulation Trend Score
First, we will employ the Accumulation Trend Score to illustrate how investor accumulation patterns have shaped local tops and bottoms since the FTX crash.

During the early stages of both the 2020-21 and 2023-24 bull runs, we can see a confluence between local regimes of distribution (light colours) and intervals of price contraction. As the market rallies to new highs, sell pressure is re-activated, as investors bring dormant supply back into the market to satisfy the inflowing demand.

As spot price reached new ATHs in mid-March, the same pattern of local distribution occurred, which was intensified as news around the conflict in the Middle East broke, causing a correction to $60.3k.

Bull local distribution break-down
If we inspect the breakdown of this metric by wallet sizes, we can complete a more detailed assessment. Here we see a distinct uptick in net outflows 🟥 across all cohorts throughout April, suggesting a consistent sell-side pressure across the board.

Quote from: Primo1760 on April 28, 2024, 05:46:18 PM

Quote from: James Anderson on December 27, 2023, 08:00:40 AM

Do professional And experienced traders lose money share your opinion on this

Of course professional traders lose money in their trades. No trader can say that he hasn't lost money in his business so far, it is almost a guarantee that he has lost money when he started his business. I am not a professional trader but I am fairly well connected with trading but from my point of view there is no trader who has not lost because I have lost a lot of money while trading. However, even if there is a loss in spot trading, there is a possibility to recover that loss and if it is connected to the future trading platform, then there is no possibility to recover the loss because if you lose money in the future trading platform, it is lost forever.

Yes, professional traders don't have any supernatural powers so they can't guarantee that they won't lose trading. skill is required to be good at trading and professional traders have that skill to make good profit from trading but they cannot guarantee profit for every single trade they make. they also take a lot of losses but they can recover them over a long period of time by adopting various strategies. for this they can claim themselves as professionals.

Quote from: Papusha20 on April 12, 2021, 02:49:33 PM

Etherium coins are in a much better position in cryptocurrency.  And one of the most widely known coins is the Ethereum Coin Ethereum Coin The number of investors is huge.  Therefore, BNB coins have already made great strides and BNB coins have taken a huge place in cryptocurrency.

Ethereum platform and BNB platform are the most popular as trusted coins here. If I compare between these two platforms then definitely Ethereum platform is the most popular and old trusted coin. Looking at the coin list, Ethereum is the second coin, and it is also the highest in terms of benefit. The value of this coin will be highest in the future as we are constantly getting updated information about this coin. So I prefer Ethereum coin between these two coins.