Polkadot: The market turns (Part I)

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Polkadot: The market turns (Part I)Polkadot / Tether USDKRAKEN:DOTUSDTMasterAnandaThe highest volume daily didn't happen 6-February with the all-time low, it happened yesterday, 25-February, to confirm the start of a new bullish cycle. It is a two step sequence. ›› First, the bottom is in, the lowest price ever, an atl (all-time low). ›› Second. First some sideways/neutral action followed by a bullish breakout. This breakout is coupled with the highest volume (daily) in more than a year, since February 2025. This session was also one of the most active in the whole history of DOTUSDT. This really high trading activity reveals and confirms the all-time low, that is, the bottom is in. And, it also reveals the start of a new market cycle, long-term growth. By long-term growth is meant the absence of new lows. Everything can happen. Ups and downs, the market will continue to fluctuate but, after a rise, after any and all rises, any correction will end up with a price higher compared to 6-Feb. Long-term this will result in an uptrend. Not all projects are the same nor all charts are the same. The general bias can be duplicated across the market but there will always be strong variations. So some pairs can indeed produce new lower lows while others remain strong. In fact, some can go down while others grow. Each project's chart needs to be considered individually, generalizations will only take us so far. Polkadot is green and set to grow long-term. You want more? Make sure to follow. Namaste.