The closer the Bitcoin Bubble Index gets to -10, the closer it is to a cyclical bottom, and the same is true for historical market trends🌞



In this round of decline, the bubble index dropped to a low of -9.31. Looking at historical market trends, whenever the bubble index drops near -10, it’s an opportunity for a cyclical bottom.

From this indicator, we can see that the current sentiment is relatively pessimistic, including on-chain activity, which means the risk is relatively lower.
BTC-2,97%
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