In this round of market trends, I believe no one will deny that we have entered the Bear Market stage. If you have a different opinion, feel free to leave a comment for discussion.
Looking back at the various indicators used in the crypto space over the years, they have all encountered setbacks.
First, let's talk about the escape signal of the MA indicator. This tool used to be quite effective, but this time it has clearly failed—before it even rose, it had already turned downward. The circles I marked in the chart show a huge difference compared to the past escape signals denoted by the boxes.
Looking at the bull market escape top index again. I have been tracking it, and it basically hasn't given any escape top warnings. Those who operated according to this indicator are probably trapped quite deeply.
The most heartbreaking thing is the altcoin season indicators. I marked the three phases of price increases; in the past, when this signal appeared, altcoins easily achieved dozens of times returns. But this time? The first phase increased by 10-5 times, the second phase by 2-5 times, and the third phase by 50%-1 time, with momentum getting weaker each time. If you look at this chart and still expect dozens of times returns, then don't blame the market for being merciless.
Why don't I rely on these indicators to show off how amazing I am? On the contrary, it's precisely because they have become ineffective. Using ineffective tools to guide others is just a disguised way of cutting leeks. If my fellow coin enthusiasts are blindly believing in these indicators, in the end, they will be the ones losing their hard-earned money.
I recognized the problems with these indicators by the end of 2023, and that was when I began to shift my judgment. There's an old saying—"The duck knows when the spring river water is warm first." As a little duck that swims in the crypto circle every day, I am most sensitive to market changes. However, this sensitivity is not derived from staring at K-lines, but rather from a judgment based on years of comparative experiences, analysis of actual situations, and feelings from news events, combined with the matching degree of data, sentiment, and prices.
How to make money in the future? My idea is: select quality small coins that have dropped significantly to buy the dip while decisively abandoning junk projects; pay attention to historical mining coin opportunities; also, diversifying risk can be done through ETF coin layouts.
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AltcoinMarathoner
· 12-22 19:27
just like mile 20 in a bear market, these dead indicators are telling us something — the race parameters have fundamentally shifted. can't keep sprinting on last cycle's playbook anymore.
In this round of market trends, I believe no one will deny that we have entered the Bear Market stage. If you have a different opinion, feel free to leave a comment for discussion.
Looking back at the various indicators used in the crypto space over the years, they have all encountered setbacks.
First, let's talk about the escape signal of the MA indicator. This tool used to be quite effective, but this time it has clearly failed—before it even rose, it had already turned downward. The circles I marked in the chart show a huge difference compared to the past escape signals denoted by the boxes.
Looking at the bull market escape top index again. I have been tracking it, and it basically hasn't given any escape top warnings. Those who operated according to this indicator are probably trapped quite deeply.
The most heartbreaking thing is the altcoin season indicators. I marked the three phases of price increases; in the past, when this signal appeared, altcoins easily achieved dozens of times returns. But this time? The first phase increased by 10-5 times, the second phase by 2-5 times, and the third phase by 50%-1 time, with momentum getting weaker each time. If you look at this chart and still expect dozens of times returns, then don't blame the market for being merciless.
Why don't I rely on these indicators to show off how amazing I am? On the contrary, it's precisely because they have become ineffective. Using ineffective tools to guide others is just a disguised way of cutting leeks. If my fellow coin enthusiasts are blindly believing in these indicators, in the end, they will be the ones losing their hard-earned money.
I recognized the problems with these indicators by the end of 2023, and that was when I began to shift my judgment. There's an old saying—"The duck knows when the spring river water is warm first." As a little duck that swims in the crypto circle every day, I am most sensitive to market changes. However, this sensitivity is not derived from staring at K-lines, but rather from a judgment based on years of comparative experiences, analysis of actual situations, and feelings from news events, combined with the matching degree of data, sentiment, and prices.
How to make money in the future? My idea is: select quality small coins that have dropped significantly to buy the dip while decisively abandoning junk projects; pay attention to historical mining coin opportunities; also, diversifying risk can be done through ETF coin layouts.