Today, I'm continuing to track the bottom signals for $BTC.
I'm mainly looking at several indicators:
MVRV, NUPL, 600-day moving average, 200-week moving average, Realized Price, Funding Rate, Open Interest, ETF fund flows, and exchange BTC reserves.
My judgment logic is pretty straightforward:
It's not about guessing the exact bottom, but rather assessing whether a bottom region is gradually forming.
Currently, if multiple indicators continue to resonate, BTC seems to be approaching the bottom range; however, until we get confirmation signals, it's still a phased approach, managing risk, and not going all-in on bottom hunting.
#BTC #BTCbottomassessment #Bitcoin #周期分析
I'm mainly looking at several indicators:
MVRV, NUPL, 600-day moving average, 200-week moving average, Realized Price, Funding Rate, Open Interest, ETF fund flows, and exchange BTC reserves.
My judgment logic is pretty straightforward:
It's not about guessing the exact bottom, but rather assessing whether a bottom region is gradually forming.
Currently, if multiple indicators continue to resonate, BTC seems to be approaching the bottom range; however, until we get confirmation signals, it's still a phased approach, managing risk, and not going all-in on bottom hunting.
#BTC #BTCbottomassessment #Bitcoin #周期分析
