Crypto crash guide - EQOS Asia

Crypto bubble charts: how to read the visuals

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The essentials in 30 seconds

  • A crypto bubble chart shows a market as circles or lines, and as of October 2026 the axis and the window decide what you can conclude.
  • Circle size shows relative value and circle colour shows change over a chosen window.
  • A log scale shows a move from 100 to 200 and a move from 200 to 400 as equal steps.
  • Four steps give a safe reading routine for readers in Singapore, ASEAN, and Hong Kong.

A crypto bubble chart packs a whole market into one picture, and a picture can lead a careful reader astray. As of October 2026 this guide explains the two chart families that carry the name, circle charts and bubble price charts, and shows how to read the visuals of each one. It belongs to the crypto bubble series and ends with a 4-step routine.

What is a crypto bubble chart, and which kinds exist?

The phrase covers 2 families. The first is the circle chart: each token is a circle, its size follows a measure such as total market value, and its colour follows price change over a window you choose. The second is the price chart used to judge whether a market is in a bubble, usually a line over months or years.

The families answer different questions. A circle chart answers what is moving now and how large each asset is next to the others. A price line answers how steep a climb has been and how deep a fall went. Neither delivers a verdict. Both deliver evidence that you can feed into the tests of the crypto bubble series.

Two families of crypto bubble charts and the question each one answers
The 2 chart families and their questions.

How do you read the size and colour of a crypto bubble chart?

Size tells you weight. A large circle holds a large share of the total, so its move matters more for the whole market than the move of a small circle. Colour tells you direction and strength over the window: a deep shade means a large change, a pale shade means a small one. Always read the window label first, because the same token can look green over an hour and red over a month.

A circle chart is strong at breadth. When most circles share one colour, the move is market wide and likely driven by leverage or news that touches everything. When a few large circles move alone, the cause sits in those assets. This distinction helps you separate a crash from a local event in seconds.

What does a crypto bubble chart hide from the reader?

Circle charts hide time. They show one window at a time, so a market that rose for a year and fell for a week can look entirely red. They hide the path as well: a token that doubled and returned to its start looks flat. They also hide the reasons, since colour records what happened and says nothing about funding, output, or leverage.

Selection matters too. Charts usually show the largest tokens, which means the many small ones that vanished are missing. That survivorship effect makes a market look healthier than the whole population was. When you read a bubble chart, ask which assets are absent, which window is on screen, and which measure sets the size.

Why does a log scale matter when you read a crypto price chart?

On a linear axis equal distances mean equal amounts, so a rise from 100 to 200 and a rise from 200 to 400 look different: the second is twice as tall. On a log axis equal distances mean equal percentages, so both rises look the same, because each one doubles the price. Log scales therefore show whether the pace of growth is steady or speeding up.

Use both views. A linear axis shows the money gained or lost, which matters for your wallet. A log axis shows the rate, which matters for bubble detection. When a line bends upward even on a log axis, growth is accelerating faster than doubling at a steady pace, and marker 1 of the warning signs deserves a closer look.

Linear axis, log axis and indexed overlay compared by what each one shows
Three axis choices and what each one shows.

How can an indexed overlay compare a crypto bubble with past manias?

An indexed chart sets the start of each run to 100 and plots later values relative to it. Align the runs by days since the start, and a crypto run, a share run, and a housing run sit on one axis. You can see which climb was steeper, which lasted longer, and how each fall compared with its rise.

Choose the start with care. A start set at a low point flatters the steepness, and a start set at a high point hides it. Write the rule for the start before you plot, such as the lowest close in the 12 months before the run, and apply it to every series. A rule written first protects you from picking the flattering start afterwards.

Which drawdown and volume charts add to a crypto bubble view?

A drawdown chart plots the percentage distance from the previous high. It turns a long price line into a simple picture of pain: how deep each fall went and how long the market stayed below its earlier peak. Compare the depth of crypto drawdowns with those of other assets, and you learn how much volatility your plan needs to survive.

A volume chart adds the crowd. Rising prices with rising volume suggest broad participation. Rising prices with falling volume suggest a thinner market, where fewer buyers hold up the price. Read volume next to the price line and next to the first marker of the warning signs, and you gain a second view of the same crowd.

Which chart habits distort a crypto bubble view, and what is a safe routine?

Four habits distort most readings: a short window, a chosen start date, an axis that hides the early years, and a single metric. Each habit makes a chart persuasive and incomplete. The safe routine runs in 4 steps. Read the axis, read the window, read the measure behind the size or colour, and then compare with another asset or era.

Write the answer in 2 sentences and date it. This page is general information, not investment advice. If your team needs a structured way to turn charts into a decision, the EQOS Asia method page explains the scoring approach, and a 30-minute call through the EQOS Asia contact page applies it to your own figures.

Four steps of a safe chart reading routine: axis, window, measure, comparison
A 4-step routine for reading any crypto chart.

Frequently asked questions

What is a crypto bubble chart?

The phrase covers 2 families. A circle chart draws each token as a circle sized by a measure such as market value and coloured by price change over a window. A bubble price chart is a line used to judge whether a market is in a bubble.

Why use a log scale for crypto prices?

A log axis gives equal distances to equal percentage moves, so a rise from 100 to 200 looks the same as a rise from 200 to 400. That makes acceleration visible, which a linear axis hides when prices are high.

Can a chart prove a bubble?

A chart supplies evidence and no verdict. It shows steepness, depth, and breadth, while funding, output, and leverage sit outside the picture. Combine charts with the bubble tests and the warning signs to reach a reasoned view.

What is the most common chart mistake?

Reading a short window as if it described the whole market. A token can look green over an hour and red over a month. State the window first, then the measure behind size and colour, then compare with another asset or era.

Test your knowledge

1. What does circle size usually show on a circle chart?

  • Colour of the logo
  • A measure such as market value
  • Age of the token
Show the answer

A measure such as market value.

2. On a log axis, equal distances mean equal what?

  • Percentages
  • Dollar amounts
  • Days
Show the answer

Percentages.

3. What does an indexed chart set each run to at the start?

  • 0
  • 100
  • 1,000
Show the answer

100.

4. What does a drawdown chart plot?

  • Trading volume
  • Number of wallets
  • Distance from the previous high
Show the answer

Distance from the previous high.

5. What is the first step of the safe reading routine?

  • Read the axis
  • Pick a favourite token
  • Check social media
Show the answer

Read the axis.

About the author

Portrait of Stéphane Jambu

Stéphane Jambu

President, EQOS Forecast Asia

Stéphane Jambu leads EQOS Forecast Asia and works as a consultant in e-commerce, search visibility, and AI. LinkedIn profile

Sources: EQOS Asia method page (eqos-asia.com/method.html) and contact page (eqos-asia.com/contact.html), consulted on 23 October 2026. Page updated on 23 October 2026.