Skale Network. Here we have the same support zone from December 2022 and September-October 2023 holding now in April-August 2025. This is the “opportunity buy zone.”
SKLUSDT is trading at bottom prices but not a true bottom. The all-time low was set in June and the market already recovered above the long-term December 2022 and Sept.-Oct. 2023 support zone.
Above this zone SKL is truly bullish, specially after the recent move below; the liquidity hunt event. This event always marks the end of a market phase. When it shows up, the market always turns in the opposite direction. We are due a massive wave of growth.
There were three peaks since 2022. It is time for a real bull run.
What will the bull market size be?
We do not have enough data right now because no pair is starting a bear market. Most of the altcoins market is either already growing or recovering from a major support zone. But none are starting a new bear market so it is hard to say.
Some pairs that moved ahead, smaller ones, went beyond all expectations, as usual. This would indicate that the higher numbers are possible but we do not have enough confirmation. It is still early though and we will know weeks before the top is in, sometimes it can be months.
Overall, the bull market will be big and it is better to err on the high end. If you are going to make a mistake, aim high. And buy low.
Namaste.
