Indicator #SOPR Ratio has just signaled a golden cross, a sign that only appears in a bull market.
This signal occurs 1 or 2 times throughout the entire growth cycle, and this is the second time a positive signal has appeared in the current growth cycle, starting from January 2023.
After the golden cross appears, the market often begins a strong rally within 2 months. The upcoming rally is likely to be a "strong rally in the late stage of the growth cycle."
As the market approaches the later stages of the cycle, the growth margins are usually larger, while the decline/correction phases are shorter.
If this strong rally occurs as forecasted by the indicator, in the late 2024 to Q1 2025, new capital flows and additional funding can be expected to pour into the market.