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@ colin crypto
2025-05-22 11:24:01When an asset is said to be in "price discovery mode", it typically means the asset is reaching new price levels where there’s no historical resistance to guide its value, often because it has broken past previous all-time highs (ATHs). In this phase, the market is "discovering" what the asset is worth without the constraints of past price ceilings, leading to potentially rapid and volatile price movements. Love me some price discovery mode haha