#中心化与去中心化交易所 Today we mainly talk about what a crypto parabola is.

What does crypto parabola mean?

In simple terms, when an asset, like Bitcoin, starts to rise crazily from the market bottom, this upward trend presents a parabolic shape overall.

What are the characteristics of a parabolic trend?

1. Short time period, usually a few months

2. Huge increase, at least doubling, or even dozens of times

3. The trend is fierce, decisive, straightforward, and has clear targets

4. The consensus on stablecoins is getting stronger, always being demanded at par

5. Miners hoard coins, do not sell

6. Exchanges hoard coins, do not sell

7. Players hoard coins, do not sell

8. Institutions, countries, and super-rich individuals frantically hoard coins

Many people may not have experienced the charm of a parabola yet, or are not very clear about what the past parabolic markets of Bitcoin looked like. Purely from the candlestick chart perspective, it basically looks like a straight line inclined upward at a 45-degree angle.

But don't worry, as of now, in 2023-2024, with the arrival of a new bull market for Bitcoin, we are fortunate to witness this crazy parabolic market again.

This bull market has already started, but most people do not realize it! Currently, most people in the crypto circle are cautiously testing whether this cycle is another trap, only to later find out that the parabola has already arrived.

When is the peak of a parabolic trend?

When mainstream society/media/internet users start widely discussing Bitcoin, the parabola is basically nearing its end.

I have experienced several major bull markets of Bitcoin, and the summary is that the general public and the crypto circle are two completely separate circles. When ordinary people start talking about Bitcoin, it basically means that the market is nearing its end.

In this cycle of 2023-2024, Bitcoin is the highest quality asset, either go all in or don’t play. Other varieties either have no opportunity, lack liquidity, or are simply unmanageable.

However, it should be noted that in fact, when Bitcoin's bull market peaks, other cryptocurrencies around it will receive funding attention, which is commonly referred to in the crypto circle as the "coin-to-coin" market, also known as tail-end market, and the direction of the outbreak is also uncertain; by then, it will be entirely dependent on luck.

The road of crypto parabola is indeed crazy, and the climax is just around the corner.