GLXY Bullish thesis Galaxy Digital Inc.BATS:GLXYvladislav_xoGLXY spent months building a base after a deep drawdown, and price is now breaking out of that base with momentum. The key things that stand out: First, long base + higher lows. Price compressed for a long time above the rising long-term MA. That’s not distribution — that’s absorption. Sellers got exhausted. Second, reclaim of key moving averages. Price reclaimed the short- and mid-term MAs and is now pressing into the declining longer-term MA. This is the classic trend transition phase. Third, range resolution to the upside. The recent push out of the base happened with expansion, not a weak drift. That suggests real demand, not just short covering. Fourth, clear upside vacuum. Above current levels, there’s very little resistance until the prior supply zone in the low–mid 40s. The chart literally opens up. That’s where fast moves happen. Fifth, measured move symmetry. The height of the base projects nicely into a 40–45 zone, which aligns with prior resistance and your marked target area. Clean structure. Sixth, volume behavior supports the move. Volume expands on up moves and contracts on pullbacks — exactly what you want to see in a healthy breakout attempt.