Bullish momentum describes a sustained upward movement in the price of an asset, driven by increasing buying pressure. It signifies a period where positive sentiment and strong demand outpace selling pressure, leading to higher valuations. This trend is often characterized by increasing trading volumes and upward price channels.
Context
In the context of digital assets, bullish momentum is frequently discussed in relation to market sentiment, macroeconomic factors, and specific project developments. A key debate involves distinguishing genuine momentum from short-lived price surges. Future developments to monitor include the sustainability of such trends and their impact on broader market cycles.
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