#比特币市场分析# During this period, I have been following the market trends of Bitcoin and saw the latest report from CryptoQuant stating that Bitcoin has entered a bull run cooling period, which makes me feel a bit disappointed. However, thinking calmly, this is actually a normal market cycle.



According to the report, the bullish index for Bitcoin has dropped from 80 to 60. Although it is still in the bullish range, the upward momentum is indeed weakening. This is consistent with my previous observation that the trading volume has noticeably been less active than before.

For beginners, there may be concerns about whether a bear market will follow. However, I think it's unnecessary to be too pessimistic; a 60 index value still indicates a bull run, but it requires more patience to wait for new catalysts to emerge.

That said, this cooling period gives us a chance to think calmly. The previous rapid rise inevitably led to some bubbles. Taking this time to study the projects carefully and examine our investment strategies is not a bad thing.

However, I want to remind everyone that if prices fall further and the indicator drops below 40, we may need to be alert for a bear market. Always be prepared for risk control in investments, and remember not to go all in.
BTC1.9%
IN-6.24%
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