This is a brief overview for non believers of coin hodling
In 2017, a lot of investors bought binance token at 1$ each and then the token amassed popularity and went to 2$; a lot of incidents and it went back to 1$
In 2018, bnb went as high as 23$, a lot sold at that peak; then it went back to 5$ a lot moaned; many bought back when the token went back to 5$
Now we all know whats happening to bnb tokens
The basic thing here is... Know what you are holding. If you are holding a good project, no matter what the ups and downs are you will always win in the long term. Holders make the most profit.
NB: This are my opinion and my idea; feel free to contribute; then dyor and trade and invest wisely
The analysis you do is very good, however, the way I know it is a stage of accumulation is because I analyze the market following Wyckoff's teachings, which, I think, is the correct way to decipher the market, since It can be applied to all types of market, be it Crypto, Forex, Stock Market ..And it is very applicable that some phases of the market will always be repeated, in these cases can be attributed to the stage of accumulation and distribution stage, that is why many operators claim that the story always repeats itself, and maybe, but in different circumstances.