A prolonged price decline of 20%+ from recent highs. Characterized by pessimism, reduced volume, and capitulation — but also accumulation opportunities for long-term investors.
A prolonged price decline of 20%+ from recent highs.
Characterized by pessimism, reduced volume, and capitulation — but also accumulation opportunities for long-term investors.
Understanding this concept is essential for anyone entering the crypto space. It forms the foundation upon which more advanced topics like DeFi, trading, and security are built.