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The rules of the bull market in the currency circle are mainly reflected in the following aspects:

The rising pattern of bull market currencies: #btc will lead the rise in the early stages of the bull market, followed by a period of consolidation, and then altcoins begin to follow suit. After rising for a period of time, altcoins entered consolidation, and mainstream coins took over again and launched an offensive.

Once it has been accumulated for a long time, it will emerge quickly: if the price rises and falls within a narrow range for many days in a row, forming a dense area, once it breaks through upward or downward, it will cause a sky-high upward trend or a flood of downward trend. But there is a high probability of a breakthrough in a bull market.

Trading volume controls the price trend: look at the three-day line, there is accumulation of funds on the weekly line, and the currency is slowly increasing in volume.

The moving average is underfoot: everyone knows that the dividing line between bulls and bears is MA120. After a long period of consolidation, the daily level stands above some moving averages such as MA30 MA60 MA120, indicating that the general trend has been determined.

Technical adjustment: No matter how sharp the upward trend is, it is impossible to reach the top in one go. In the early stage, when the market starts to FOMO, it will usher in a periodic top and start to wash out profits. This consolidation , termed as technical adjustment.

Late stage of the bull market: Eth must take the lead and copycats sprint to reach the market climax.

So how to identify whether it has peaked? Technology is not very easy to use. Here you can use market sentiment to judge, or friends and relatives outside the circle start to discuss or ask you how the currency circle is recently. Don’t worry, it must be the top at this time. , even if it is not, it is basically in place. #BTC #Meme #WIF #ETH