I have compiled 10 [Bitcoin Bull Market Peak Escape Indicators] for daily monitoring; I cannot post links here, so those who need links can find the method in the comments.
Monitoring indicator data as of January 5, slightly decreased compared to yesterday, indicating that the market continues to be bullish.
The most important thing in playing cards is to take away the money you win; nothing is more important than warning signs of a market peak.
This article compiles nearly 50 Bitcoin bull market peak indicators currently available in the market, and filters them using the following methods:
1. Remove those that have become ineffective, as they can no longer provide warnings due to reduced fluctuations in each round, and there is no way to supplement them with other methods.
2. Remove unquantifiable ones; some absolute indicators may show infinite upward trends.
Finally, 10 indicators remain for daily tracking, and of course, everyone is welcome to supplement with other absolutely usable indicators.
Miner Pool Multiples: > 4 indicates a high level of miner profitability, and the risk of a peak increases significantly.
Reserve Risk: High reserve risk (> 0.02): This means a higher risk/reward ratio, prices may be over-inflated, and selling pressure may increase.
Holder Profit Ratio: The realized profit level of all tokens moved on-chain over the past 30 days.
Holder Supply Distribution: Large-scale sell-offs by long-term holders usually indicate a price peak.
MVRV Z-Score: A high value of this indicator suggests 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 adjust; 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 overcrowded, which may lead to a price reversal.
Net Unrealized Profit/Loss: Analyzing the profitability status of market participants to gauge market sentiment and price trends.
Two-Year MA Multiplier Indicator: Shows periods when buying and selling Bitcoin yields huge returns.
Pi Cycle Top Indicator: Used to indicate when the market is overheating.