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top signal
What does top signal mean?
An event so euphoric, frothy, or cringe that veterans clock it as the literal top of the cycle. Celebrities launching coins, Super Bowl crypto ads, your Uber driver giving you alpha, NFT billboards in Times Square. In hindsight, always obvious.
"Matt Damon doing the 'fortune favours the brave' Crypto.com ad was the cleanest top signal of the entire 2021 bull run."
Origin
Trader shorthand where extreme hype events are read as 'the top', catalogued in crypto slang guides.
Frequently asked questions
What is a top signal in crypto?
It's a cultural or market event so frothy or absurd that traders read it as a sign prices have peaked and a downturn is coming.
What are examples of a top signal?
Classic ones include celebrities suddenly shilling coins or NFTs, mainstream media hype, and total strangers giving crypto tips.
Is a top signal a reliable indicator?
It's more of a half-serious, hindsight observation about excessive hype than a precise or proven timing tool.
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