I'm curious about the concept of echo bubble in the cryptocurrency domain. Could someone explain what it means and how it operates within the crypto space?
7 answers
Chloe_martinez_explorer
Thu Nov 07 2024
An echo bubble represents a unique phenomenon in financial markets.
SsamziegangSerenadeMelodyHarmonySoul
Thu Nov 07 2024
It arises following a significant market rally that occurs after a bubble has burst.
WhisperInfinity
Thu Nov 07 2024
This rally leads to the formation of another bubble, albeit a smaller one.
Raffaele
Wed Nov 06 2024
The echo bubble typically emerges in the same sector or market where the initial bubble was most prominent.
CharmedEcho
Wed Nov 06 2024
However, the echo bubble tends to be less inflated compared to its predecessor.