đ Still no bear market?
With Bitcoin's drop below $80,000, investors panicked.
đ The Crypto Fear and Greed market sentiment indicator fell to 10, equivalent to the end of 2022! Back then, BTC was worth less than $20,000...
đ The aSOPR is a very interesting on-chain indicator to know if the market is still in a bull market. Basically, if the orange curve moves above 1, the market is bullish according to this indicator.
đ Since 2023, the aSOPR has been above 1, and even with the recent drop below $80,000, the trend is not in question. The metric is back to 1, and this level even tends to act as support in a bullish trend!
