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The selling pressure is starting to show real fatigue in the market. Meanwhile, holder accumulation continues gaining momentum—a classic setup. Once this flooded supply gets absorbed, we should see repricing kick in.
Here's where it gets interesting: this rally won't mirror the previous cycle's trajectory. We're looking at a much more compressed timeline. The push from lower levels to current prices happened slower, but the next leg? It'll be explosive.
First meaningful target sits around 3.4m. After that clears, don't be surprised seeing a flush through 5.6m. The pattern suggests steady accumulation initially, then acceleration.