Daily Indicators Analysis of the Cryptocurrency Market
Ahr999 Index: 1.02963850 (0.45~1.2 is the regular investment zone, above 1.2 is the risk zone. The real value is actually around 0.25. When it is at 0.25, there is a high probability that it indicates a drop to the true bottom area; at other times, it is more for reference)
Fear and Greed Index: 54 (Close to 100 indicates high risk; below 10 enters the buying zone. Below 10 indicates that the market is in a state of extreme fear, and one can consider entering. At other times, it is more for reference)
Jiang Zhuoer 60-Day Cumulative Increase: 24.41% (Greater than 80% is high risk of short-term bubble. This is a relatively accurate indicator for the medium to short term. The real value lies around -70% and +70%. These two ranges represent the market being in oversold and overbought stages in the short term. At other times, it is more for reference)
Altcoin Season Index: 16 (Less than 25 enters the low-value range; greater than 75 is the bubble area. Mainly used to judge Bitcoin's trend and the transition point from Bitcoin's rise to altcoins' rise. At other times, it is more for reference)
Binance Perpetual Contract Real-Time Funding Rate: -0.0038% (Mainly used to judge the market's short-term extreme trend. Generally, only the values of 0.1000% and -0.1000% are useful. Used to assess the market's short-term overbought and oversold conditions.)
Binance BTC Quarterly Contract Premium: 1.686% (Only one value is significantly useful. When the premium drops below -10%, it can be used to assess whether the market is in a state of extreme overselling. At other times, it is more for reference)
Bitcoin Market Cap Share: 63.33% (Close to around 40% indicates the top area. More for reference)