AlexWhale

FTM :Lessons from July 2021 & the Power of Fear πŸš€πŸ“‰

BINANCE:FTMUSDT   Fantom / TetherUS
Let's rewind to July 2021 when Fantom (FTM) orchestrated a remarkable fakeout, inducing fear in the market participants. Fast forward to the present, where FTM has taken a different route, yet showcasing notable growth. Here's a closer look at the dynamics and a lesson on how fear might just expedite the delivery of price movements. πŸ”„πŸ’Ή

July 2021: Fear-Induced Fakeout

Strategic Fear Tactics:

FTM initiated a bold fakeout in July 2021, deliberately spiking fear among bullish traders.
The market sentiment was manipulated to create uncertainty and shake out weak hands.
Unexpected Outcome:

Despite the orchestrated fear, FTM ultimately surged by an astounding 1680%, catching many off guard.
The lesson: Fear, when strategically employed, can set the stage for substantial bullish moves.
Present Scenario: Fear Takes a Backseat

Different Approach:

Notably, in the recent period, FTM opted for a less fear-driven strategy.
The growth of 160% over a slightly shorter timeframe suggests a more organic market sentiment.
Lesson Learned:

The comparative growth indicates that fear might not always be a prerequisite for significant price movements.
Market dynamics evolve, and strategies adapt.
Key Takeaway:

FTM's journey teaches us that while fear can be a potent catalyst for price action, its role in the market is not absolute. Traders and investors should remain vigilant, recognizing that market dynamics are multifaceted and ever-changing.

Stay informed, stay resilient

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