Hey all, this is a follow-up post from about 3 weeks ago on WenBullRun, a one-stop dashboard for degen market research. I've recently had the time to write a short guide on how you can best use the WenBullRun dashboard to get the pulse of the crypto markets in ten to twenty seconds (see original article published on my substack here). Hope this guide will be useful to some: WenBullRun is designed for busy (or lazy) working professionals who find it challenging to stay on top of fast-moving crypto markets amid their demanding nine-to-five grind. By spending just about ten to twenty seconds a day, you can quickly gauge the overall market trend using our set of key indicators displayed in a dashboard style. However, please note that WenBullRun is not intended to replace your own thorough research into individual projects and blockchains. Instead, it should serve as a helpful complement to your existing efforts. Ultimately, informed decision-making requires diligent study on your part. Consider this tool as a starting point for each day — a concise snapshot of the current state of the crypto landscape. Key IndicatorsBelow are the primary indicators WenBullRun tracks. Each one provides a different perspective on market conditions, and together, they can help you better understand the broader trends at play.
How to Interpret Google Trends DataGoogle Trends normalizes search interest to a scale where each term’s highest point over the selected timeframe (e.g. five years) is set to 100, and all other values represent relative interest compared to that peak. This means a score of 50 indicates the term’s popularity was half of its maximum level, not that the search volume halved. Keep in mind that these figures reflect relative rather than absolute volumes and vary based on the time period and region selected.
It’s important to note that these values are specific to each individual search term. For example, a value of 70 for “Bitcoin” is not directly comparable to a value of 50 for “Ethereum,” because each is measured against its own historical peak. What you can do is observe the general trend within each individual search term or observe and compare the general trend across different search terms to see if the general interest in crypto is rising or decreasing. If several key terms all show increasing values over the past 30, 90, and 180 days, this may indicate growing mainstream awareness or participation. General Interpretation of Key IndicatorsNo single indicator can fully explain market behaviour. Instead, consider how these metrics interact to form a coherent picture. For instance, if price trends appear positive while the Fear & Greed Index shows increasing optimism, and the Coinbase app is climbing in the rankings, the market may be nearing a period of heightened speculative activity. Conversely, flat or declining prices combined with reduced search interest and stablecoin dominance might suggest a more cautious environment. In practice, use these indicators as a guide—a way to quickly assess where the market may be heading. While WenBullRun simplifies and streamlines your initial market check-in, remember that making thorough investment decisions still calls for more detailed research. These indicators serve as a helpful starting point when you need a quick check on the market’s pulse, not a definitive answer.
That said, there are some general heuristics for when we are moving to a bull run or bear market: General Signs of a Coming Bull RunLook for a combination of these signals appearing together:
When these conditions align, it often indicates that the market may be transitioning into a bullish phase. In such environments, altcoins frequently benefit as capital flows out from Bitcoin and stablecoins, seeking higher returns in other projects. Take Profits Gradually through Dollar-Cost AveragingAs the market shows signs of a bull run with the above signals, it's a good time to start DCA-ing out profits from crypto that you have accumulated during the bear market. By systematically taking profits as prices rise, you lock in gains without attempting to time the market perfectly. This disciplined approach reduces emotional decision-making and ensures you benefit from market euphoria before a potential downturn. If you haven’t invested much during the previous periods, you can still ride the momentum of the bull run while learning to accumulate and sell strategically for the next cycle.
Signs of a Coming Bear RunOn the other hand, here are some warning signals that could signal a potential market downturn and an incoming bearish phase:
These indicators collectively point toward a risk-off market environment. During such periods, altcoins are particularly vulnerable, often experiencing more significant price swings and value erosion as traders reallocate to more stable assets. Accumulate Gradually as the Market Bottoms in FearDuring bear markets, as signalled by the indicators above, and especially when fear reaches its peak, and there is widespread hopelessness and lots of red in the markets... this is often the ideal opportunity to begin DCA-ing and accumulating your favourite crypto assets with strong fundamentals. And while it’s nearly impossible to time the absolute bottom of the market, you can use a declining Fear & Greed Index (e.g. trending below 55) as a rough guide to identify potential entry points to start accumulating. By spreading your purchases across the downturn, you mitigate the risk of catching falling knives and position yourself to benefit from eventual recoveries over the medium to long term. Caveat: This is a long-term strategy that requires patience and discipline. Markets may take months or even years to recover, so it’s crucial to maintain a long-term outlook and avoid reacting emotionally to short-term volatility.
Bitcoin Dominance Cycle ChartHere’s a summary of some common Bitcoin dominance trends and patterns in the chart below. Do keep in mind that crypto markets are highly volatile, and while these patterns can provide some insights, outcomes may vary. Always exercise caution and consider multiple factors when analyzing market trends. Limitations of These IndicatorsWhile the indicators and signals provided by WenBullRun can offer valuable insights into prevailing market conditions, it is essential to understand their inherent limitations. These metrics are trend-based tools that assume relatively stable market environments. Under normal circumstances, they help you form a general view of the market’s direction, but they are not predictive models that guarantee future outcomes. In particular, these indicators cannot account for unforeseen “black swan” events—rare and unpredictable occurrences that can dramatically alter market dynamics. Examples might include major geopolitical conflicts, significant political events such as another assassination of Donald Trump, large-scale natural disasters, sudden regulatory crackdowns on crypto, or, conversely, transformative developments like countries adopting Bitcoin as a reserve asset. Such events can lead to abrupt shifts in market sentiment, liquidity, and prices, rendering previously reliable indicators less meaningful in the short term. Indicators may swing dramatically between extremes, and well-established patterns could temporarily break down, creating a climate of heightened volatility and uncertainty. As a result, it is crucial to treat these tools as just one part of your decision-making process. Always complement indicator-based insights with your own research, careful judgment, and an awareness that markets can and do surprise even the most informed observers. ConclusionWenBullRun provides a quick overview of key market indicators to help you gauge overall crypto market sentiment and trends within just ten to twenty seconds. While this tool can streamline your initial market check-in, it’s important to remember that the indicators presented here are only one part of a larger puzzle. Use them as a starting point to understand where things might be heading, but always supplement with deeper research, monitoring current events, and assessing fundamental project developments. Market dynamics are influenced by a wide range of factors, and no single tool or indicator can fully capture every nuance—particularly during periods of sudden, unexpected change. By recognizing both the value and the limitations of these indicators, you can better integrate them into a comprehensive approach to navigating the crypto landscape. Ultimately, WenBullRun aims to assist, not replace, the thoughtful work you put into making informed crypto investment decisions. [link] [comments] |
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