The so-called bull market peak refers to the disappearance of the bear market memories of old investors, and the irrational enthusiasm of new investors together.

When the bear market memories of old investors are still fresh, and they start selling coins as soon as they see the price rise, it indicates that the bear market memories are still present. At this time, the market risk is not high.

But after selling, if they find that the price has risen five to six times, they will slap their thighs in regret, and then buy back at the high point. This indicates that we are approaching the bull market peak. It is essential to communicate more with old investors.