Some characteristics before the bull market in the cryptocurrency circle

1. Bitcoin and Ethereum have both surpassed the historical highs of the previous bull market, which is a sign of the start of the big bull market.

2. The Jiushen Index is above 10, the ahr999X index is below 0.2, and Jiang Zhuoer's 60-day continuous increase index is above 80%.

These are basically bull tops.

3. Bitcoin and Ethereum daily K-line prices deviate from the 60-day moving average by more than 30%, and the 60-day moving average continues to rise. This means that everyone who entered the market at different time periods has made a profit.

4. The 30-day, 60-day, 120-day and 200-day moving averages are dispersed, indicating that the chips are not concentrated and have begun to be distributed. Everyone has made money, which is very dangerous.

5. The activities of the exchange are endless, basically 1-2 activities a month. Each project party takes advantage of the money to launch projects and strive to sell them at a good price.

6. The circle of friends is full of people showing off their earnings, and the group is full of myths of getting rich. You have also made some money, and you are excited and want to get rich like them.

7. The market value of Bitcoin has dropped to about 30%, because the market value of the copycat has risen to hundreds of billions, which is dangerous at this time.

8. The transaction volume exchange fee is very high, and the transaction volume can reach hundreds of millions of US dollars a day.

9. The Ethereum Foundation began to sell coins frequently, and their wallet assets began to be deposited into the exchange for sale.

10. Good news in the market continues, one after another, and there are endless stories to tell, and each story is different.