They reflect shifts in price trends, investor sentiment, and economic conditions, across stocks, crypto, and more.

There are basically 4 Phases.

Accumulation Phase 

Prices are low, often after a downtrend or bear market. 

Investors are cautious, and sentiment is pessimistic. 

Prices consolidate or move sideways and the general public is not interested in buying.

But this is when "Smart money" (institutional investors, insiders and Informed investors) starts buying undervalued assets.

Usually there is a Low trading volume in this phase

Bull market phase 

In this phase, Prices begin to rise as more investors recognize opportunities. 

Optimism grows, and momentum builds, this is the upward trending phase.

There is an Increase in trading volume as well strong Pump in price, often with corrections.

All these is fueled Positive news and improving economic indicators.

This is when Live Changing Gains are made, Where you see 100x to 1000x pumps.

Distribution Phase 

Prices reach highs, and enthusiasm and euphoria is at its peaks.

Unfortunately this is where Smart money starts selling to lock in profits, while retail investors pile in, driven by FOMO.

The market often becomes volatile because as Smart money is taking profit, more retails are pouring in.

Trading volume due to this Volatity is high, but price doesn't pump much but dances around a point.

There is so much Euphoric sentiment as every Tom, Dick and Harry is now talking about the market with media hyping the market.

This is when the 100x and 1000x stories flies more, trapping more retail investors who becomes exit Liquidity.

Markdown Phase (Bear market phase)

Prices decline as selling pressure overtakes buying.

 Fear and panic set in, often fueled by negative news or economic downturns.

Prices drops sharply, sometimes with brief recoveries (Bull traps).

There is also high volatility in this phase as well as high selling volume.

Smart Money is already out at this Phase. 

Retails who FOMO'ed in are those trapped here.

This is th time where you begin to here "Crypto is a Scam".