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How to judge when the bull market has reached its top
In the bull market, after the breakthrough amplitude decreases and the 50% principle (retracement exceeds 50% of the previous wave of increase) appears, we know that demand weakens and supply strengthens, and a heavy volume breakthrough of the trend line indicates that supply not only strengthens, but also exceeds demand, indicating that the market Bear market characteristics have emerged. This feature needs to be verified in the subsequent distribution process.
How to judge when the bull market has reached its top
In the bull market, after the breakthrough amplitude decreases and the 50% principle (retracement exceeds 50% of the previous wave of increase) appears, we know that demand weakens and supply strengthens, and a heavy volume breakthrough of the trend line indicates that supply not only strengthens, but also exceeds demand, indicating that the market Bear market characteristics have emerged. This feature needs to be verified in the subsequent distribution process.