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When to catch the bottom? We can refer to two indicators:
1. FGI (Fear and Greed Index)
If the FGI value reaches around 20, it means that the market sentiment is very fearful. Many people will Cut Loss and exit the market when it falls. This is a good opportunity to pick up cheap chips. When others are fearful, you are greedy, and when others are greedy, you are fearful.
Some people may say that FGI data is lower during the bear market. You need to know the best time to build a position during the bear market. As long as you have patience and learn to be fren with time, the bull market will definitely give you a perfect answer sheet.
2. BTC Spot ETF inflow and outflow data:
Before the launch of BTCSpotETF, speculation has already begun. Many institutions and a large amount of capital have poured in. BlackRock, with a total assets under management of $10.6 trillion globally, has also joined the ranks.
After the launch of ETF, we can observe that BTC has actually been in a downward trend. However, there have also been several good rebounds in between.
Coming down from this market trend, it is easy to see: if funds continue to flow in net for a period of time, the market will definitely pump during this time, otherwise it will be a pullback.
Confidently observe these two indicators: the recent market trend must be applicable.