Crypto News

The Hump Slump Bump Dump Pump Chart Pattern This chart pattern is based on the idea that market cycles follow a common pattern of four stages: the hump, slump, bump, and dump. Each stage represents a different market sentiment and can be observed in various assets, including cryptocurrencies. The Hump The hump stage is characterized by a gradual increase in prices and growing optimism among investors. This is often the stage where early adopters and savvy traders start to accumulate assets. In the world of crypto, this could be seen as the early stages of a bull run, with prices steadily rising and social media buzzing with excitement. Popular crypto tickers such as BTC, ETH, and ADA may start to see significant gains during this stage. The Slump As prices continue to rise, the market reaches its peak and starts to enter the slump stage. This is where euphoria turns into fear of missing out (FOMO), and prices can skyrocket in a short period. However, th...