The Fear and Greed Index is currently at 26. The last time it reached this level, $SOL was at $11. Everyone is saying "sell on greed, buy on fear", but less than 1% of people can actually do it!

Many people think the bull market is over, but it hasn't started yet.

These 5 indicators will shock you!

1) Stablecoin Index

This indicator mainly tracks new funds entering the crypto market. At present, we are far from the levels of the previous cycles. Once liquidity increases, the market will grow accordingly.

2) Trading Volume

Although the price of Bitcoin is still more than $50,000, the current trading volume is much lower than in 2021. Currently, retail participation is extremely low, so once retail funds pour in, the market will rise.

3) Bitcoin Market Share

Bitcoin market share refers to the percentage of Bitcoin in the total market value of cryptocurrencies. Since April, Bitcoin's market share has been consolidating in the range of 54% to 57%. Once it falls below this range, it will mark the beginning of the altcoin season.

4) Coinbase Downloads

Historically, when Coinbase became the number one app in terms of downloads, it meant that the market was too hot and it was time to exit. This trend may repeat, but it is far from being realized at present.

5) Google Search Trends

Google Trends data shows that the search volume for Bitcoin, cryptocurrency or altcoins is still far below the level in 2021. Looking back at the global trends in the past 5 years, we find that the current search interest is 2.5 times lower than in 2021.

6) Venture Capital Amount

The investment amount of venture capital funds reflects the interest of the market. The peak of financing occurred in 2021, which coincided with the peak of the cycle. Now, the overall financing amount is four times lower.

In summary, the bull market is far from over, and the bear market is even less. Confidence is more important than gold, so everyone should be patient. At the same time, don't rush to buy at the bottom, after all, the incident in Mentougou has not been resolved.

#BTC走势分析 $BTC #牛市进展