Whenever you have references from the Binance trading academy, it is necessary to know how to interpret and analyze to have a good understanding, many have different ways of seeing the market, in my case I have learned to interpret or see when the market is bullish, bearish , even if it is in the accumulation stage, distribution stage, as well as the re-accumulation or redistribution variants.
It is necessary to emphasize that Wyckoff's theory is very broad and has its explanation for everything, as well as shows the different market patterns that tend to be fulfilled but that at the same time tend to be very complicated if scenarios are combined.
In this case, the world is in a totally new situation, a global pandemic is being experienced, it does not happen at all, there are vaccines, it is all fundamental, in this case the price of BTC has risen a lot, some call it the trend bullish is over, others say that we are entering the bearish trend, but in my opinion we are still starting in the bullish trend.
To enter a bearish trend it is necessary to go through the Distribution stage, and I think that we have not reached there, many indicators are excellent, but for me the one that says everything is the volume, of course I think who knows how to read the volume It is able to determine what stage of the market we are in despite the fact that the chart shows multiple patterns, which sometimes repeat themselves.