Market panic sentiment continues to spread. Whether it's spot, leverage, or futures, the bulls are basically dead. The greed and fear index has fallen to 9. Many people around me who trade cryptocurrencies have moved to US stocks or even the A-shares market. Here, I will only provide the simplest indicator to give spot traders a boost:

Bitcoin weekly RSI drops below 28, AHR999 indicator falls below 0.3, and the weekly MACD shows initial bullish divergence. These indicators are appearing for the second time in five years, pointing to bottom-fishing and dollar-cost averaging. Of course, this is not an exact bottom, but it won't be too far away. In the short term, prices are controlled by sentiment and policies; in the medium to long term, they will inevitably gradually return to #马年开工第一帖 .