$BTC $ETH
When to buy at the bottom? We can refer to two indicators:
1. FGI (Greed Fear Index)
If the FGI value reaches about 20, it means that the market sentiment is already very fearful. Many people will sell at a loss when the market falls. This is a good time to pick up cheap chips. Others are afraid of you being greedy, and others are greedy and you are afraid.
Some people may say that the FGI data is lower in a bear market. You must know that the best time to open a position in a bear market. As long as you are patient and learn to make friends with time. Waiting for the bull market will definitely give you a perfect answer.
2. Inflow and outflow data of Bitcoin spot ETF:
Before the launch of Bitcoin spot ETF, it began to hype. Many institutions and a large amount of funds have poured in. Among them, BlackRock, with a total asset size of 10.6 trillion US dollars managed worldwide, has also joined this ranks.
We can observe that since the launch of ETF, BTC has actually been on a downward trend. But there have been several good rebounds in the middle.
From this wave of market trends, it is not difficult to find that: if funds continue to flow in for a period of time, the market will definitely rise during this period, otherwise it will be a correction.
Confidently observe these two indicators: the market trends in the recent period are definitely applicable.