Here we have a clear bottom process, another one. This can only be called an "opportunity," the opportunity buy-zone, the extreme kind of type.
Arweave—ARUSDT
Trading at bottom prices. Recently, a new all-time low. Recently, a higher low. Recently, the highest volume ever. Recently, the bearish wave reached its end.
There is a perfect descending channel which contains within a two years long bear market. A very strong bearish period indeed.
Arweave—ARUSDT was bullish only once in all of its history, a bullish period that lasted several months, October 2023 through March-May 2024, that's it.
The current chart supports a bigger bullish cycle developing next, nothing like the past. The past was a big relief rally, not a true bullish market phase.
This time around, we should see years of growth, the inverse of the bearish cycle, a full blown bullish cycle, a new all-time high is always possible.
Just as the market can hit new all-time lows when going down, it can hit new all-time highs when going up.
Just as the market can crash for years non-stop, it can also produce sustained long-term growth. It is now or now. It is starting now, but the end, we don't know.
This is the best possible ever—the extreme opportunity buy-zone.
Namaste.