What you you guys think, let's talk about overall seasonality. Normally when the market corrects after the bull run it's the November sell off into the next year. Sometimes there's a pump up and then back down before the long crypto Winters we've had in the past. Where do you think we're at in the seasonality? Moreover do you feel like the Bull run is over or are market conditions different this time around?
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What you you guys think, let's talk about overall seasonality. Normally when the market corrects after the bull run it's the November sell off into the next year. Sometimes there's a pump up and then back down before the long crypto Winters we've had in the past. Where do you think we're at in the seasonality? Moreover do you feel like the Bull run is over or are market conditions different this time around?
$DOTUPolkadot is basically a rocket lighting up its engines right now — feels like we’re about to go full parabola mode, lads.
$DOTU So far so good on my side
Compared to Bitcoin, Polkadot is still holding its daily structure.
In terms of Elliott Waves, the wave 2 correction is about a 60% pullback from wave 1, so DOT could still drop to around $2.60 and the structure would remain intact.
From there it could start wave 3, targeting roughly $4.5 to $5.3 — about 1.5× the size of wave 1.
I think DOT will start rotating back up around $2.6–$2.7, but we’ll see…
Let’s also see how the weekly candle closes.
Compared to Bitcoin, Polkadot is still holding its daily structure.
In terms of Elliott Waves, the wave 2 correction is about a 60% pullback from wave 1, so DOT could still drop to around $2.60 and the structure would remain intact.
From there it could start wave 3, targeting roughly $4.5 to $5.3 — about 1.5× the size of wave 1.
I think DOT will start rotating back up around $2.6–$2.7, but we’ll see…
Let’s also see how the weekly candle closes.