I have organized 10 [Bitcoin bull market escape top indicators] for daily monitoring; I can't post the link here, but those who want the link can find the method in the comments.
Monitoring indicator data as of January 5, slightly decreased from yesterday, indicating that the market continues to be bullish.
The most important thing in playing cards is to take the winnings; nothing is more important than warning at the top of a bull market.
This article summarizes nearly 50 Bitcoin bull market top indicators available in the market and then filters them using the following methods:
1. Remove those that have failed, as they cannot provide warnings due to reduced volatility in each cycle, and no other methods can supplement.
2. Remove those that are unquantifiable; some absolute indicators may show an infinite upward trend.
Finally, 10 indicators remain for daily tracking, and of course, everyone is welcome to supplement other absolutely usable indicators.
Miner Puel multiple: > 4 indicates high profitability for miners, with significant top risk increase.
Reserve risk: High reserve risk (> 0.02): This means a higher risk/reward ratio, prices may overinflate, and selling pressure may increase.
Holder profit ratio: The extent of realized profits from all tokens moving on-chain over the last 30 days.
Holder supply distribution: Large-scale sell-offs by long-term holders usually indicate a price top.
MVRV Z-Score: A high score indicates that Bitcoin's market value is overvalued compared to its actual value.
Fear and Greed Index: Excessive greed indicates that investors are overly excited, and the market may correct; extreme fear indicates that investors are overly worried, which could be a buying opportunity.
Bitcoin funding rate: A funding rate > 0.1% indicates that longs are too crowded, which may lead to a price reversal.
Net unrealized profits/losses: Analyzing the profitability status of market participants to assess market sentiment and price trends.
Two-year MA multiplier indicator: Shows periods when buying and selling Bitcoin could yield substantial returns.
Pi cycle top indicator: Used to indicate when the market is overheated.