Talented people emerge in every generation,
Alpha passes down from generation to generation
Recently, I've noticed that the Chinese-speaking crypto community has started paying attention to Bitfinex data, which brings me great joy.
I began to engage with Bitfinex in 2019, when I wrote an article introducing USD lending. It became extremely popular at the time. Perhaps Taiwanese people particularly enjoy stable income methods; that article led thousands of newcomers in the crypto community to start their journey in the market through Bitfinex lending—Taiwan alone contributed at least 1/10 of the total USD lending amount on Bitfinex.
Since then, I have been continuously observing Bitfinex data until now, and I should be one of the earliest traders in the Chinese-speaking community to deeply track it.
Over the years, I have also organized four core indicators related to Bitfinex on CoinKarma to help determine:
- The turning point of the ETH/BTC exchange rate
- The initiation and conclusion of altcoin seasons
- Whether the main upward trend has officially started
- Whether conditions for bottom fishing and peak escaping are met, etc.
In short, the data from Bitfinex is truly fascinating. I'll elaborate on it slowly when I have time; it’s definitely worth discussing!