Let's make a brief summary. Now that we are in a bear market, I believe no one would disagree, right? If you do, please leave a comment.
In the crypto world, there used to be various indicators.
1. The top escape MA indicator was previously very accurate. This time, it is clear that we couldn't even go up and are already in a bear market. In the image, I circled the areas, and the boxes show the previous escape points and signals.
2. The bull market top escape index, which I have been following, basically hasn't provided any escape signals. If one were to rely on this, it would mean getting stuck painfully.
3. Altcoin season, the segments I framed have arrived. In the past, when we reached altcoin season, there were truly dozens of times in gains. This time, the three instances are roughly 10-5 times, around 2-5 times, and about 50%-1 times gains, getting lower and lower, with the upward momentum weakening. If one looks at this chart and thinks altcoin season will surge again, expecting dozens of times in returns, they will end up trapped!
After experiencing so much, I definitely know these indicators. Why not display them to seem impressive? Because showcasing ineffective indicators to guide others is harmful. If any crypto friends firmly believe in this, they will fall into a deep pit and suffer losses!
When I said we were in a bear market, I didn't reference these at all. By the end of 2023, I noticed they had failed. There's a saying: 'The spring river water warms, the duck knows first.' As a little duck that swims in the water daily, I am the most sensitive. It's not just about observing K-lines and a few indicators; it’s based on previous experiences, comparing them with actual situations, feeling the news front, connecting the data, and synthesizing the match between emotions and prices.
How to make money in the future? Find quality altcoins that have dropped significantly, prepare to buy the dip, and give up on junk altcoins. Look for previous mining coins to position and also consider ETF cryptocurrencies.


