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#IstheMarketBottoming?
Every major cycle creates this question. Is the pain over, or is it just a pause? Markets rarely bottom in a straight line. They form bases through fear, exhaustion and disbelief. When most people stop expecting upside, that is often when it starts to form.
Bottoms are not about price levels. They are about behavior. When bad news no longer pushes prices lower, it usually means sellers are running out. That is when accumulation quietly begins. Nobody rings a bell at the bottom. You only see it clearly after the next trend starts.
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