Summary First:
Although today's crash was severe, it does not hinder us from being in the early stages of altcoin season! As for the many people who doubt the altcoin season, it's like this: when it drops, they doubt; when it rises, they are bullish.
#Spot Hold valuable coins well, at least for now, there are no obvious signs of decline.
If there are clear signs of decline from a comprehensive data perspective, I will decisively reduce my holdings and announce it simultaneously!
#Crypto #Today's Data #January 8 (Daily Announcement):
#Sentiment Index 70 #ahr999 Coin Holding Indicator 1.3206
ETH/BTC Exchange Rate 0.03495 (at a very low level)
GasBTC 3 ETH 5
#ETF $BTC Yesterday's Fund Inflow 52.39M (Remaining 36.95B) #ETF $ETH Yesterday's Fund Outflow -86.79M (Remaining 2.68B) --- Among them, #Grayscale Net Outflow -7.96M
Based solely on ETF fund conditions, the reasonable price for #BTC and #ETH should be around 5800.
#Dollar Index: 108.756
#Coinbase Ranking 91
#Coin Price (Coinbase Global US Stock Last Close) 264.3$
#Altcoin Season Index 39 #Excluding Top Ten Market Cap Proportion 10.14%
#Bull Market Exit Peak Data Indicator #BTC
Yesterday #Active Loans #Activeloans 21.328 Billion USD
#Mainstream Stablecoin Market Cap 190.265 Billion USD
#USDT Trading Volume 131,667 Ten Thousand USD
#BTC Crash, #Altcoin Crash
US Stocks crashed, weekly level adjustment, 10-year US Treasury yield hits a 20-year high. Strong US economic data, market loses confidence in interest rate cuts before July.
We are currently in the early stage of #山寨季
