What were the warning signs of the 2022 cryptocurrency market crash

The 2022 cryptocurrency market crash was preceded by several warning signs that indicated a potential correction or crash. These signs included:

1. **Unsustainable price increases**:

A rapid and unsustainable rise in cryptocurrency prices, which may indicate a speculative frenzy and an imminent correction.

2. **Decreasing customer sentiment**:

A decline in customer sentiment towards cryptocurrencies, which can be a sign of a potential market downturn.

3. **Negative digital asset price movement**: A sustained period of negative price movement for digital assets, which can indicate a bearish market trend.

4. **Meme coin mania**:

The rapid rise of meme coins, which have no utility and are purely speculative, can be a sign of excessive speculation and a potential market top.

5. **High crypto futures funding rates**: Elevated funding rates for cryptocurrency futures contracts, which can indicate excessive leverage and a potential market correction.

6. **Overbought RSI values**:

Relative Strength Index (RSI) values that are consistently above 70, indicating an overbought market that may be due for a correction.

7. **Extreme greed**:

High levels of greed among investors, as measured by the Crypto Fear and Greed Index, which can be a sign of a market top.

8. **Major volatility**:

Increased volatility in the cryptocurrency market, which can be a sign of a potential market correction or crash.

These warning signs were evident in the lead-up to the 2022 cryptocurrency market crash, which saw a significant decline in the value of major cryptocurrencies like Bitcoin and Ethereum.