Brothers, I am Big G, and today I will teach you how to determine where the bull market stands, step by step. Remember these 5 signals to see the situation more clearly than others:
Watch the Big Pie's face to eat
Now BTC has broken through $100,000, and standing firm on the six-month line (MA120) is the signal for the bull market to start. But if one day there is a sudden drop of 10% in a single day without a rebound, fasten your seatbelt, as this may be a warning of a trend reversal.
Altcoin performance time
With DOGE and PEPE having risen 5 times, this is just the warm-up. When platform coins also begin to soar 10 times, it indicates that it’s almost time to wrap up. Remember, in the last month, altcoins will collectively go crazy, but 99% of people won't sell at the peak, just like those brothers who rushed in to catch LUNA before its collapse last year.
Is borrowing money from exchanges expensive??
Now the borrowing interest rates are often over 20%, indicating that gamblers are seeing red. At this time, don’t follow suit to increase leverage; instead, you should start taking profits in batches. In May, a brother turned $500,000 into a double in a week but got greedy and didn’t exit, now he’s left with only his underwear.
Volatility is a mirror to reveal the truth
BTC jumps up and down 5% daily, and altcoins often have 20% rollercoaster rides, which is typical of the mid to late stage of a bull market. Remember the rule: the more times there are wild ups and downs, the closer it is to the end. Last month, a certain exchange had 3 spike events in one day, exploding over $800 million in long positions.
What is smart money doing??
Don’t just listen to the retail investors yelling; pay attention to the movements of big institutions like Grayscale. If they start reducing their holdings or the GBTC premium disappears, it’s a signal to retreat. Just yesterday, there was news that a certain institutional wallet transferred out 20,000 bitcoins, so be cautious this week.
Lastly, let me say something heartbreaking: there are at most 5 months left in this bull market, don’t let FOMO emotions lead you astray. If you currently feel helpless and confused about trading, and want to learn more about cryptocurrency and get first-hand cutting-edge information, click on my profile and follow me, so you won’t get lost in this round of the bull market! $ETH #BTC挑战11万大关