#订单类型解析 Today we mainly talk about what a crypto parabola is.

What does crypto parabola mean?

In simple terms, when an asset, such as Bitcoin, starts a crazy rise from the market bottom, this upward trend presents an overall parabolic shape.

What are the characteristics of a parabolic trend?

1. Short time cycle, usually several months

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

3. The trend is fierce, decisive, and clear in its goals

4. The consensus on stablecoins becomes stronger, consistently demanded to be 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 clear about what the past parabolic trends of Bitcoin looked like. Purely from the candlestick chart, it basically appears as a straight line inclined at a 45-degree angle upwards to the right.

But don't worry, from the current perspective, 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 begun, but most people are not aware of it! Currently, most people in the crypto space are cautiously testing whether this cycle is another trap, only to later realize that the parabola has indeed arrived.

When is the peak of the 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 market trends of Bitcoin, and the summary is that the public and the crypto space are two completely different circles. When the general public starts talking about Bitcoin, the market is basically nearing its conclusion.

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 simply cannot be held.

However, it should be noted that when Bitcoin's bull market peaks, other surrounding coins will actually receive funding attention, which is commonly referred to in the crypto space as "coin-to-coin" trading, also known as tail-end trading. The direction of the breakout is also uncertain, and at that time, it will completely depend on external factors.

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