Is the crypto market over? 9 core indicators reveal the bull market signal

Here are 9 key indicators to help evaluate whether the crypto market is nearing a bull market peak, providing insights for better decision-making:

  • NUPL (Unrealized Net Profit/Loss): Signals market sentiment; values above 75% indicate excessive optimism and potential market tops.
  • RSI (Relative Strength Index): Short-term overbought signal; exceeding 90 suggests a correction may follow within weeks.
  • Altcoin Season Index: Measures altcoin performance vs. Bitcoin; values over 85 indicate market frenzy.
  • MVRV Z-Score: Identifies extreme overvaluation; scores above 6 warn of potential pullbacks.
  • Pi Cycle Top Indicator: Historically accurate for Bitcoin bull market peaks; signals impending tops.
  • MACD (Moving Average Convergence Divergence): Trend reversal indicator; a "death cross" suggests weakening momentum.
  • MFI (Money Flow Index): Tracks buying/selling pressure; extreme overbought levels signal market tops.
  • Composite Business Cycle Index: Macroeconomic indicator; values above 50 suggest nearing a market peak.
  • Mayer Multiple: Compares price to 200-day moving average; a value of 2.4 often marks Bitcoin bull market peaks.

While no single indicator guarantees timing, combining these metrics can help assess market conditions more scientifically and avoid potential downturns.

Summary

How to accurately predict the peak of the bull market? You must master these 9 key indicators!

It’s almost impossible to accurately predict the peak of the crypto market bull run, but you can use these data indicators to determine whether the market is close to the top.

If all five signs appear at the same time, then you have either accumulated enough wealth or you can only go back to work at McDonald's...

Now, let us uncover the secret of the end of the bull market.

Is the crypto market over? 9 core indicators reveal the bull market signal

1. NUPL (Unrealized Net Profit/Loss)

Market Sentiment Indicators

When NUPL enters the mania/greed zone (over 75%), it usually means that the market is close to a top and investors are becoming overly optimistic.

Is the crypto market over? 9 core indicators reveal the bull market signal

2. RSI (Relative Strength Index)

Short-term overbought signal

When the RSI exceeds 90, the market is usually in an extremely overbought state, and historical data shows that highs are usually formed within 4-7 weeks, followed by a correction.

Is the crypto market over? 9 core indicators reveal the bull market signal

3. Altcoin Season Index

Altcoins vs Bitcoin

When the index exceeds 85, it means that altcoins as a whole are outperforming Bitcoin, which is usually a sign that the market has entered a frenzy phase.

Is the crypto market over? 9 core indicators reveal the bullish peak signal

4. MVRV Z-Score (Market Value vs Actual Value)

Determining whether the market is extremely overvalued

When the MVRV Z-Score exceeds 6, it indicates that the market may be close to the top and we need to be alert to the potential risk of a pullback.

Is the crypto market over? 9 core indicators reveal the bull market signal

5. Pi Cycle Top Indicator

Accurately Identify the Peak of Bitcoin Bull Market

This indicator has successfully predicted major price highs for Bitcoin over multiple cycles.

When it sends out warning signals, it means the bull market is about to peak.

Is the crypto market over? 9 core indicators reveal the bullish peak signal

6. MACD (Moving Average Convergence Divergence)

Trend Change and Momentum Signals

When MACD forms a death cross, it means that market momentum is weakening and the trend may reverse.

Is the crypto market over? 9 core indicators reveal the bull market signal

7. MFI (Money Flow Index)

Buying and selling pressure monitoring

Similar to the RSI, but the MFI incorporates volume data and when it shows extreme overbought conditions, it often signals a market top.

Is the crypto market over? 9 core indicators reveal the bull market signal

8. Composite Business Cycle Index

Macroeconomic impact

When the index exceeds 50, it indicates that the market may be about to enter a peak phase.

Is the crypto market over? 9 core indicators reveal the bull market signal

9. Mayer Multiple

Price vs 200 Day Moving Average

Historical data shows that when the Mayer Multiple reaches 2.4, Bitcoin is usually at the peak of a bull market.

Is the crypto market over? 9 core indicators reveal the bullish peak signal

in conclusion

Although it is difficult to accurately predict the market peak, these 9 indicators can help you evaluate the market position more scientifically. The bull market frenzy can make you a lot of money, but if there is no clear exit strategy, it may also make you return to the pre-liberation era overnight.

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Author: BTC_Chopsticks

This article represents the views of PANews columnist and does not represent PANews' position or legal liability.

The article and opinions do not constitute investment advice

Image source: BTC_Chopsticks. Please contact the author for removal if there is infringement.

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