#交易类型入门 Today we mainly talk about what a crypto parabolic is.
What does crypto parabolic mean?
In simple terms, when an asset, like Bitcoin, starts a crazy upward surge 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 several months 2. Huge increase, at least doubling, often tens of times 3. The trend is fierce, decisive, straightforward, and clearly targeted 4. The consensus on fiat currency becomes stronger and is continuously demanded to be at par 5. Miners hoard coins and do not sell 6. Exchanges hoard coins and do not sell 7. Players hoard coins and do not sell 8. Institutions, countries, and super-rich individuals are crazily hoarding coins
Many people may not have experienced the charm of a parabolic trend or are unclear about what several past parabolic runs of Bitcoin looked like. Purely from a candlestick chart perspective, it basically looks like a straight line slanting upwards at a 45-degree angle to the right.
But don’t worry, from the current perspective, in 2023-2024, as a new round of bull market for Bitcoin arrives, we are fortunate to witness this crazy parabolic trend again.
This wave of bull market has already started, but most people do not realize it! Currently, most people in the crypto circle are cautiously probing whether this cycle is another trap, only to later discover that the parabolic trend has already arrived.
When is the peak of a parabolic trend?
When mainstream society/media/internet users start widely discussing Bitcoin, it basically means the parabolic trend is nearing its end.
I have experienced several major bull markets of Bitcoin, and the summary is that the public and the crypto circle are completely two different circles; when ordinary people start talking about Bitcoin, it basically means the market is close to wrapping up.
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 hold.
However, it is important to note that when Bitcoin's bull market peaks, other surrounding coins will actually receive funding attention, which is commonly referred to in the crypto circle as the "coin-to-coin" market, also known as tail-end market; the direction of the explosion is also uncertain, and at that time it will completely depend on fate.
The road of crypto parabolic is indeed crazy, and the climax is just around the corner. $BTC $ETH
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