Bullrun counter

The 2-week chart remains strong. Next week, we will enter the 5th week after the creation of the bullish double divergence.



The bear market for altcoins has been ongoing for three years. Whenever there were sharp declines, we saw some relief bounces, which is normal for chart structure—nothing falls in a straight line, just as nothing rises in a straight line.

We are entering the drawdown period where, historically, a bear market rally or an upward “correction” has occurred. The only difference now is that we have a bullish divergence, indicating a momentum shift that is about to take place.

If we don’t enter the markup phase, at the very least, we will see a bear market rally. However, this actually looks like the momentum shift we’ve been waiting for in altcoins, as we haven’t seen a bullish divergence setup on the weekly timeframe throughout this entire bear market structure for altcoin dominance.

Typically, the “bear market bounce” has happened after approximately 7 to 18 weeks of drawdown.

Currently, we are in the 13th week after the bounce we saw in November.

I don’t think the next pump will be just a bear market rally—I believe it will be the beginning of the markup phase.

The different months and years are at the bottom of the chart.

Following you for more TA.

I appreciate the insight man!

It's about time we see some bullish activity in crypto, especially the altcoins. We haven't seen altcoins pump since the last bullrun in 2021.

When everyone starts predicting bullish move, it is time to sell all coins and wait for bagging a good bag in next possible correction.

My expectations for short term are not good, it will probably take some weeks or months until crypto finally recovers and gets bullish again