#Crypto Circle #Today's Data #December 7 (Published Daily):
#Sentiment Index 81 #ahr999 Holding Coin Indicator 2.278
ETH/BTC Exchange Rate 0.0372 (at a low level)
GasBTC 6 ETH 10
#ETF $BTC Yesterday's Fund Inflow 493.95M (Remaining 36.73B) #ETF $ETH Yesterday's Fund Inflow 144.74M (Remaining 2.46B) --- Among them, #Grayscale Net Outflow 0M
Based solely on ETF fund conditions, the reasonable price for #BTC and #ETH should be around 5800.
#Dollar Index: 106.997
#Coinbase Ranking 67
#Coin Price (Coinbase Global U.S. Stock Last Close) 311.6$
#Altcoin Season Index 61 #Excluding Top Ten Market Cap Proportion 10.73%
#Bull Market Exit Data Indicator #BTC
Yesterday #Active Loans #Activeloans 21.701 Billion USD
#Mainstream Stablecoin Market Cap 190.166 Billion USD
#USDT Trading Volume 112,127 Hundred Thousand USD
#BTC Hits New High, #Altcoins Have Generally Fallen 30%~50% Compared to Highs from Fifteen Days Ago, But Still Believe We Are Currently in the Early Stage of #Altcoin Season.
Let's look at the logic of the #Last Bull Market:
Some old coins started earlier, like in May or June 2020, while some new coins started in January 2021, and later in February.
There are 2 key indicators: First, liquidity needs to come in, and second, this coin needs to come out earlier; the secondary market manipulation and accumulation must be completed in advance.
Every bull market starts with Bitcoin rising first, followed by the old mainstream coins that have been washed for 3 years, then brokerage platform coins also rise, and later the mainstream narrative altcoins start to rise. The common point of high-multiple dark horse coins is public chains, new coins, new narratives, high control by manipulators, listed on major exchanges/luxurious investment backgrounds/relatively low market cap/these are all plus points.
Closely watch tonight (tomorrow at 3:00 AM) #U.S. Federal Reserve Rate Decision until December 18 (Upper Limit)
