Those who were pinned down by eth on the mountain top are now extremely excited, finally they are about to be liberated.
Crypto飞哥
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How to determine when a bull market peaks???
1: BTC will peak before the market. 2: ETH will lead other coins to peak later. If BTC peaks, then ETH will lead innovative coins to peak in about a month.
History does not repeat itself in details, but the process is similar. BTC remains the leading pioneer of the bull market and will still be the first large-cap coin to peak ahead of the market.
During BTC's peak process, most large-cap coins will only slightly follow the increase. Even if there are a few that surge, they are just exceptions. Only after BTC peaks will ETH lead other coins into a frenzy.
Summary: After BTC peaks, the market will not collapse immediately.
"The market will maintain a brief frenzy for 15 to 25 days."
ETH will serve as the second leading coin of this bull market, waiting for BTC to peak. It will take over for the second wave, starting a new wave of frenzy, with huge amounts of capital pouring into ETH and innovative coins. The pace will accelerate, quick battles will be decisive, and short-term highs will be continuously refreshed. Innovative coins will double in a week, and triple in a month. But there is less than a month to celebrate, even as short as 20 days.
"When ETH also can't move, the market will collapse completely."
If those who have survived in this market until that time, congratulations!
Soon it will be late autumn, with fat ducks and fresh fish, a good season for harvest. Be sure to hold your ground.
Next, you need to stay alert and be prepared to gradually reduce your holdings; do not fantasize that you can sell at the peak.
In this market, the biggest enemy is not the opposing traders, but your own inner fears and greed. In the final stages, it may rise to 10 times, but if you sell at 7 times, you feel you’ve lost 3 times and greedily rush back in to make it up.
Bottom fishing and peak escaping, precise wave-treading, these are all tempting death traps; lightly, you miss out, heavily, you face bankruptcy.
This wave of the market can top your annual increase, hold on tightly during the fluctuations, and decisively let go when it becomes crazy.
Important note: This article discusses how to determine the peak of a bull market and does not target the current market. #山寨季何时到来?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.