What is the markup phase of a crypto market cycle?
Could you elaborate on the markup phase of a crypto market cycle? I'm curious to understand how it fits into the broader context of market fluctuations. Specifically, what are the key characteristics of this phase? Does it involve significant price appreciation? What are the driving factors behind this increase? And how do investors and traders typically approach this stage of the cycle? Your insights would be greatly appreciated in helping me grasp the intricacies of this volatile yet exciting market.
What is the accumulation and markup phase of a crypto market?
Could you please elaborate on the accumulation and markup phase of a crypto market? Specifically, how do these phases impact the overall behavior and dynamics of the market? In the accumulation phase, what strategies do investors typically adopt? And in the markup phase, how does the market sentiment and trading volume tend to evolve? Understanding these cycles is crucial for making informed decisions in the volatile world of cryptocurrencies.