4 Weeks Left In This Crypto Boom Cycle? 🚀🌚💣💥🤬

There have been many indicators of where we are at in the crypto boom / bust cycle. As more and more YouTubers who usually don't talk about crypto make videos about it a lot of on-boarding happens from people who currently aren't in the market. So it is positive for awhile until all those people are in and have taken their position. This happens in the final stage of the cycle before everyone gets dropped on their heads. Also another indicator that the market is out of wack are that the mining is extremely profitable. It is so profitable right now that in China they are mining Ethereum on laptop GPUs with the laptops set up like a tent because there is a world wide shortage of GPUs. This happens every cycle. All profitability will work its way to zero. People see it is profitable so they chase after it and then suddenly when the pricing changes and the tide goes out suddenly people are losing money again.

Another indicator is the STEEM Dollar and HIVE Dollar not being able to keep the dollar peg. These have had a hard time keeping a dollar peg when the market is getting beaten up and then suddenly when the market is going crazy it is almost impossible to keep them at $1. They suddenly even Moon which then pulls up the underlying asset. This then causes a weird debt rubber band implosion and the tide goes out and the inflation rate of STEEM and hive will be way more than what it is designed for. Instead of an inflation rate of 8% it will have an effective inflation of 16% or higher. It is a terrible situation for investors who get caught on the wrong side of it. Other assets that didn't have this issue still can lose 99% of their value though.

Also you have to realize that if people are in profit by 1000s of percent they will want to buy stuff like supercars and boats and go on trips. The big money will shift their investment to something else if they think the tide is going out to show a strong return.

No market can sustain a parabolic run forever. Retail FOMO is coming in strong right now and things are going to get really crazy as a lot of the altcoins get back to their all time highs.