Mignolet2024-11-07

conditions for entering Phase 2 are being completed.

After Phase 1, the LTH (Long-Term Holder) supply, which had been accumulating again, has begun to be distributed. A key condition for moving into Phase 2 is an increase in STH (Short-Term Holder) supply, specifically through a surge in new capital. Currently, the market is experiencing abundant new liquidity. The cycle is repeating and resembles the 2017 cycle.