Market makers generally have 7 stages in their charts, at which stage is your coin?

1. Accumulation phase, box range fluctuations.
Every time the market seems ready to break through, it fails to do so. The overall trading volume is starting to increase, with volume peaks at both the upper and lower bounds of the range. The declines happen quickly, while the rises tend to be more sluggish.
2. The first stage of the price pump is generally faster, as retail investors have been tricked many times during the accumulation phase and are often afraid to chase the price up, so it quickly moves away from the cost zone.
3. The first stage of the washout often goes quite deep, with a certain reduction in volume, making retail investors think that the stock price will soon break through the previous low point, and they dare not intervene.
4. The second phase of the rise is slow and takes a long time. At the beginning, it is unclear whether it is a rebound or a reversal. Once the high point of the first phase is broken, retail investors are often caught off guard and a new storm usually follows.
5. The consolidation in the second phase is often faster than in the first phase, and only a sharp drop will instill fear. At the same time, the upward momentum is also quick, aiming to force those in the market to sell at a loss and those outside the market to have no time to think, making it impossible to intervene.
6. The third stage of the rally is the fastest and largest wave of increase. The purpose of this wave of increase is to attract the attention of the entire market. It often hits the upper limit multiple times, catching the eye of retail investors and prompting them to enter at high positions.
The characteristic of this stage is that stock price fluctuations begin to increase, even experiencing limit up and limit down. On one hand, it involves pulling up while offloading, and on the other hand, it instills strong confidence in retail investors regarding its rise.
7. The final stage is the distribution stage. In fact, the distribution phase has already begun during the last wave of the price surge. It is only a matter of considering the extent of the distribution. If the distribution is sufficient during the surge, then the price of the coin will directly drop significantly in the final stage. If the distribution is insufficient, a high-level consolidation will be needed. At this point, I should focus on the turnover rate.