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The two trends ahead are clearly off, and there are obvious signals of a market turning point. I've been watching the altcoin short order target for several days, waiting for the right moment to act, but before I could even make a move, the market suddenly made a strong push, soaring up in an outrageous manner.
There is hardly any pullback; it seems the main players have been holding back for a long time and have forced all the shorts up the mountain in one breath, leaving no chance for even a slight rebound. This is not the rhythm of a normal market; it is a typical strong control and short squeeze trend, moving too decisively and too aggressively.
With the current momentum, it really feels more and more like the starting rhythm of a raging bull market. The sentiment has already been ignited, and if we pull a few more bullish candles, 120,000 won't be the end, just the starting point.