Five signs that the market is approaching its peak:
1. Long-term high funding rates (lasting 2-3 months or even longer): If funding rates remain high for a long time, it indicates that the market is overcrowded and the risk of adjustment is quietly approaching.
2. Too much unrealized profits accumulate: When a large amount of book wealth accumulates but investors do not actually realize profits, market risks increase accordingly.
3. The MVRV ratio exceeds 5: The market shows signs of overheating. If the MVRV (market value to real value ratio) is higher than 5, it often indicates the existence of bubble risks.
4. Bitcoin's market share falls to 40% or below: Bitcoin's dominance in the market has declined, which may indicate that funds are flowing to other investment areas.
5. Cryptocurrency has become a hot topic among the public: If you frequently hear discussions about cryptocurrency in your daily life, it may be that market sentiment has been overly optimistic and you need to be alert to risks #USUAL持续飙升