What Is a Relief Rally In Crypto?
A relief rally is a bounce that comes when feared bad news turns out less bad than expected. It is
sentiment, not fundamentals, doing the work.
1
Fear exhausts
Sellers thin out and shorts cover, lifting price.
2
Not always the bottom
Relief can fade if the downtrend resumes.
3
Sentiment tell
A jump from Extreme Fear often kicks one off.
Source: CFGI
Crypto