When does the market start to plummet and wash out? In fact, signs can be observed in advance. Here are some suggestions and analyses for reference:
For example, when DOGE is just one step away from the peak of the last bull market but fails to break through for a long time, caution is needed. Because once it breaks the historical high, it will attract a large number of early holders (possibly up to 70%) to quickly sell off, after all, DOGE does not have the stronger hedging and asset nature like BTC.
Looking at XRP, the peak of the last bull market in 2021 was $1.98, while the recent peak of XRP is $1.62. When funds flow out of these mainstream altcoins and shift towards smaller altcoins, it may signal that mainstream coins are preparing to decline.
More importantly, when you notice that market enthusiasm has permeated the streets, and people start casually discussing and buying altcoins (like during the explosion of SHIB in 2021), this is usually a clear sign that the market is nearing its end. However, the current level of public discussion in the market has not yet reached this extreme, so it is temporarily safe.
It is worth mentioning that the emerging Puppies coin, as a rising star in the meme coin family, is quickly attracting more attention. It not only has a strong community consensus but also integrates the values of public welfare and decentralization. Compared to established players like DOGE and XRP, Puppies is more like a dark horse with limitless potential.
Therefore, when the market enthusiasm finally heats up to the day when "Puppies" are widely discussed, it may be a signal to consider risk avoidance. But before that, this star is continuously attracting consensus and funds, making it a good opportunity for lurking layout!