In the cryptocurrency world, judging when the bear market is over and the bull market is coming is a key issue. Here are some common indicators and methods:
1. Technical analysis: Determine the change of market trend by analyzing market charts and technical indicators. For example, determine the intersection of moving averages, price breakthrough of important resistance levels, etc.
2. Changes in trading volume: When trading volume increases significantly, it may indicate that market sentiment is turning optimistic and bullish power is increasing.
3. Market news and events: Pay attention to important market news and events, such as large institutional investments, changes in central bank policies, etc., which may prompt the market to turn bullish.
4. Community and public opinion: Determine changes in market sentiment and expectations by paying attention to the public opinion of the cryptocurrency community and professionals.
5. Fundamental analysis: Research the fundamentals of the project, such as technical strength, team background, partners, etc., which will help determine long-term value and market trends.
It should be noted that market forecasting is not an accurate science, and the cryptocurrency market is affected by many factors, so relying on only one indicator may be risky. Combining multiple analysis methods, it will be more prudent to make decisions under controllable risks.
