2021 Marked the peak/All-Time High for FetchAI which lead to a bear market downtrend in 2022. (#1)
To change from one trend to the next, a consolidation phase is necessary and this time it took this pair 6 months. (#2)
The market moves in cycles and what goes down, must come back up, but the up is better than the downside because we end up with new highs, a new All-Time High and years of growth. (#3)
We will see a new uptrend and it will take years before the cycle is complete. Prepare now and enjoy the profits/growth on the way up.
Then it will move back down and back up again... And the market will continue to move, grow and evolve while printing waves.
Some projects will be left behind, others will merge with other projects and evolve. A few are set to take the bigger share of the market, for us traders, it is important to diversify and not get marry to any pair, but adapt and change as things progress.
Stay strong, be safe... Make sure to plan ahead.
If you invest time in yourself, in your strategy and your trading, results should be great.
If you are reading now you have GREAT TIMING, and timing is really important.
Namaste.