Big Bull Escape Guide (December 30, 2024)
Uncle Meow has summarized the bull market escape indicators to help everyone avoid being misled by noise.
The list in the chart covers 75 traditional escape indicators and Uncle Meow's self-developed sentiment monitoring indicators. The list selects multiple indicators as analysis factors, and in the future, we will add weighted data for Uncle Meow's self-developed indicators, updating daily. Once the market starts to get frenzied, we will follow and clear out!!
Yesterday, sentiment had just recovered slightly, and today (December 30), it began to decline again. Mainstream altcoins (like Eth, BNB, Sol, etc.) continue to fluctuate at the bottom, constantly tormenting the emotions of the retail investors.
In Chart Three, Coinbase's market sentiment indicator is nearing extreme panic. American retail investors on Coinbase are frantically cutting losses, and the negative premium has reached a two-month low. It seems that after Christmas, the emotions of American retail investors have worsened.
The domestic market sentiment is approaching the sentiment level of April. If we can maintain the current price a little longer, I believe the retail investors on board will gradually exit to stop losses, opening up space for a final surge in 2025.
Retail investors around the world are not having it easy.
(The specific data changes for the 30th are marked in red box in Chart Two.)
Question: Uncle Meow, how is BGB? It has recently soared several times and then dropped again. Is it a good time to enter?
Answer: The operation of BGB can be described as a masterpiece by the operators. In the past two weeks, it has continuously soared, indirectly increasing the capital in the BG exchange while constantly releasing good news to stabilize new incoming funds. However, as BGB rises high, the profit-taking needs to be digested by the market, which has led to a short-term decline.
The future height of BGB depends more on the long-term empowerment of the exchange (new listings, buybacks, ecological gas consumption). Uncle Meow is still quite optimistic about BGB, but whether to enter or not depends on your own investment decision.
