Looking back at history, every big bull market was born out of disaster.
In 2017, the "94 Incident" under heavy regulatory pressure was a bloodbath. Everyone thought that the cryptocurrency industry was going to be in trouble, but what happened? Bitcoin soared from $1,000 to $20,000, creating a group of "richest people in the cryptocurrency industry."
In 2020, the sudden "312" liquidity crisis directly cut the market in half. Large investors were liquidated, and retail investors sold their stocks at a loss. There was a lot of wailing. But six months later? Bitcoin has created new history again.
In 2021, the price of Bitcoin plummeted on May 12, 2021, from $65,000 to $30,000. As a result, the bull market not only did not end, but altcoins soared in turn, creating a large number of thousand-fold coins.
After experiencing the "5 consecutive kills" in 2022: first killing retail investors, then killing project parties, then killing miners, then killing institutions, and finally not letting go of even exchanges. This crazy wash has laid a solid foundation for a new round of bull market.
What is the most amazing thing about the cryptocurrency world? Every four years, there is a big market trend. Do you think this is metaphysics? In fact, there is a logic behind it.
The core is "halving"!
Halving means that Bitcoin production is cut in half, while demand remains unchanged. According to the most basic economic principles, a sharp drop in supply will inevitably drive prices up. Miners' costs rise, and they have to raise the price of the currency to maintain profitability. When prices start to rise, new investors will be attracted to enter the market, forming a virtuous circle.
What's the most frustrating thing about a bull market? It always comes when you least expect it!
By the time you found it, the cow had already run halfway up the mountain. You wanted to wait for it to rest, but it didn't behave according to its routine. When you couldn't help but chase it, it started to doze off instead.
But the most annoying thing is not this. What really drives people crazy is that the bull market often comes quietly when the situation is the most desperate.
The market looks dead:
- The price of the currency is flat every day, with very little fluctuation
- The leeks have long lost their patience and those who should leave have left
- There are fewer and fewer discussions in the community
- The project owner doesn't maintain it much anymore
- It feels like the whole market is in hibernation
At this time, the market has actually changed quietly. The overall environment has begun to warm up, hot money is ready to move, and smart money has been secretly making plans. Why? Because other investment directions are too boring:
- Real estate? Too many policy restrictions
- Stock market? The fluctuations are too small
- Bonds? The yields are pitifully low
In comparison, the cryptocurrency market has fewer restrictions and stronger explosive power. Isn't this the "low resistance, high yield" track that funds love the most?
Then the question is: How to judge whether the bull market has arrived?
The ten characteristics tell you the answer:
1. Bitcoin and Ethereum have broken through their historical highs, which is the most obvious signal. These two giants are the market vanes. If they take off together, the bull market will be stable.
2. Professional indicators exploded across the board:
- The Nine Gods Index broke 10, and the market is already high
- AHR999X index is below 0.2, indicating that the bull market is about to peak.
- Jiang Zhuoer's 60-day increase index exceeds 80%, which is a crazy pace
3. Prices have deviated significantly from the moving average. Many currencies are more than 30% higher than their 60-day moving averages, and the moving averages have been moving upward. What does this mean? Anyone who enters the market at any time is making money!
4. Various moving averages (30 days, 60 days, 120 days, 200 days) begin to disperse. This is a signal that the chips are loose, and the big investors may be secretly distributing chips.
5. The exchange suddenly became very active, holding several events a month. Project owners also began to accelerate their layout, fearing that they would miss this wave of market.
6. Your friend circle is flooded with "myths of getting rich quickly" and your group is full of people showing off their orders. You may have made some money yourself and start fantasizing about being the next multimillionaire.
7. Bitcoin’s market capitalization has dropped to around 30%. Why? Because the market capitalization of altcoins has reached hundreds of billions!
8. The daily trading volume easily exceeds 100 billion US dollars, and the turnover rate is frighteningly high.
9. The Ethereum Foundation began to sell large amounts of coins, and their wallets were frequently transferred to exchanges.
10. Good news came one after another, and each one was more exciting than the last. The stories were told in a very exaggerated way, and the project plans were drawn in a very exaggerated way.
How long can a bull market last? Generally, it ranges from 6 months to 2 years. But remember one thing: the more rapid the rise, the greater the risk. Every surge is often followed by a plunge, which is the law of the market.
Therefore, old investors always say: A bull market needs a sharp drop to be healthy. If it keeps rising straight, you should be careful. A few more pullbacks can not only clear the leverage, but also allow the market to go further.
The bull market is far from over, but don't wait to look back and regret: "Why didn't I seize the opportunity then?" The opportunity is right in front of you, it depends on whether you can seize it
You always fail to make the right decision when trading and are confused about how to operate. If you want to keep up with the learning, you must meet one condition: you must be proactive and act as soon as you say you will. Like + leave a message, and I will help you make big money!
The test of the bull market is not only the ups and downs of the market, but also the test of our mentality. In the face of changes in the account, we must remain rational. Next, I will announce the next 10-fold potential coin! It is better to grasp it than to guess blindly! Like + leave a message, free sharing.
