Open gate: the true bullish wave is still quietly unfolding

The cryptocurrency market is experiencing a moment that many overlook: while most investors are waiting for a spectacular explosion, the leading assets are already writing a new story. Coins like XMR and most of the top ten have already reached levels that seemed distant just a few months ago. The structure of these new highs is already complete or nearly complete, but there is something peculiar: the emotional market sentiment remains lagging behind the reality of prices.

Major Coins Have Already Crossed the New Highs Line

If you pay close attention, you’ll see that almost all of the big cryptocurrencies in the top 10 have reached new all-time highs or are very close to doing so. XMR, which for years was considered a marginal holding, now shares the spotlight with the most significant bullish movements. Most of these advances occurred quietly, without the media fanfare that characterizes major rallies. It’s as if the water is slowly rising from below, without noise, but steadily and relentlessly. This pattern of gradual ascent is precisely what distinguishes the start of a true bullish wave from speculative fluctuations.

The Starting Point Is Not the Climax

Here’s the crucial detail many ignore: reaching a new all-time high doesn’t mean being at the peak, but rather at the beginning of the real movement. Ethereum exemplifies this perfectly. It has already surpassed the highs of the previous bull bubble, but by only about a hundred dollars. However, while this milestone went unnoticed by most, it represents a fundamental change in the market structure.

Major bull bubbles never arrive announced. They don’t come with drums and trumpets. On the contrary, they begin at moments when the collective sentiment is: “things are going well, but I’m not completely sure.” It is precisely when that residual doubt exists that the most powerful movements gain momentum. When everyone finally confirms what is happening, most will already be halfway up the mountain.

Open Gate: The Main Flow Mechanism

The current situation is very similar to the gradual opening of a river gate. The initial flow speed isn’t dizzying or overwhelming, but the direction is already fully defined. Once a gate begins to open, the flow is unstoppable, even if at first it seems slow and insignificant.

What this means for the market is that we are no longer in the uncertainty phase about whether a significant movement will happen. The gate is already open. The true main wave has not yet fully unfolded in terms of volume and mass participation, but its genesis has already occurred. The lag between what the price is showing and what the collective sentiment will finally recognize is precisely where the greatest opportunities reside.