A cycle refers to the recurring patterns of price movements and market behavior in the cryptocurrency space. These cycles often consist of phases such as accumulation, uptrend, distribution, and downtrend.During the accumulation phase, investors buy assets at lower prices, anticipating future growth. This is usually followed by an uptrend, where demand drives prices higher, attracting more attention and investment.Once prices reach a peak, the market can enter the distribution phase, where early investors sell their holdings to lock in profits. This leads to a downtrend, characterized by selling pressure and declining prices. Cycles can vary in duration and intensity, influenced by factors like market sentiment, regulatory news, and technological advancements. Understanding these cycles can help investors make informed decisions about when to buy or sell.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to