Usually if you have 5 to 6 of the following elements, you can be 80% sure that a bull market is coming‼ ️
☘️1. Prices continue to rise
Metaphor: Just like the rising tide of the sea, one wave after another, each wave is higher than the previous wave, indicating that the market is booming.
☘️2. Transaction volume increased significantly
Metaphor: For example, there are suddenly more customers in the supermarket. People are rushing to buy goods, and more and more funds are pouring into the market.
☘️3. Social media popularity is rising
Metaphor: Just like a topic becomes a hot trend, no matter where you can hear someone discussing virtual currency, everyone is paying attention.
☘️4. Novice investors flock in
Metaphor: It's like a new game is popular. Everyone from children to the elderly want to try it. Even those who don't understand it start to invest in it.
☘️5. Frequent reports on currency news
Metaphor: Just like major sporting events dominate the news, virtual currencies dominate financial news and are everywhere.
☘️6. Large institutions and enterprises invest funds
Metaphor: Just like a large supermarket starting to sell a certain product, more people will believe that this product is valuable and attract more funds to follow.
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7. Policies of various countries are relatively friendly
Metaphor: For example, the government allows a certain tourist attraction to be visa-free, attracting a large number of tourists and making the market more dynamic.
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8. The media began to promote “get rich stories”
Metaphor: For example, seeing someone win the lottery on TV makes more people think that this is an opportunity to get rich overnight, and stimulates more people's interest.
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9. Related altcoins follow the rise
Metaphor: It's like seeing a star suddenly become popular. Friends or related products around him will also benefit, and the prices of other small currencies are also rising.
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10 The phenomenon of panic buying (FOMO) is obvious
Metaphor: It's like a popular product is about to be sold out. People are worried that they won't be able to buy it, so they rush to buy it. Investors in the market are afraid of missing out on money-making opportunities and continue to buy virtual currencies.
When multiple indicators appear at the same time, especially when prices continue to rise, trading volume increases, large institutions participate, etc., these are strong bull market signals. Each indicator is a manifestation of market enthusiasm. When they are multiplied, the probability of the market entering a bull market is very high.