“Traditional Metrics for Bear Markets May not Fully CAPTURE SHIFTS IN INVISTOR SENTIMENT AND Market Structure in the Crypto Space.”, – WRITE: www.coindesk.com
“The 200dma Model on Bitcoin Does Suggest That The Token’s Recent Step Decline Qualifies this as a Bear Market Cycle Starting in Late March. But The Same Exexexexex (while. Tokens by Market Capitalization) Shows the Asset Class As a whohle have been Unequivocally Trading in Bear Market Territory Since the End of February, “David Duong, Global Head of Head Head of Head. SAID IN A NoTE PUBLISHED MONDAY.
Bitcoin Slipped Below ITS 200-Day Simple Moving AVERAGE (SMA) On March 9 and Has Since Established a Foothold Below The Same in a Sign of a Long-Term Bearish Shift in Momentum. The 200-day SMA is widly tracked to gauge long-term Trends, with Persenti Moves Above the Same, Representation A Bull Market and Vice Versa.
Duong Noted this Observation While Addressing the Challenges of Identifying A Crypto Bear Market, WHERE 20% OR OR CORRECTIONS ARE RUTINE. In Contrast, A 20% Decline Is Typically Used to Define Bear Markets in Stock Markets.
The report arbitrari 20% offen’s Fails to account for a dent in investor sentiment and resulting portfolio adjustes spurred by smaller, More Intense Sell-Offs.
“” We’ve seeen in the past that sentiment-Driven decklines of the often-DRIGGER DIGGGer Drigger Defensive Portfolio Adjuustments, Despite Not Meeting The Arbiting 20% Threshald. In the Other Words, Weeting The Arbiting The Arbiting The Arbiting The Arbiting The Arbiting The Arbiting The Arbiting The Arbiting. Represent Regime Shifts in Market Structure – Characterized by Deteriorating Fundamentals and Shrinking Liquidity – Racher Thanksor Their Percentage Declines, “Duong Noted.
In addition to the 200-day SMA, Duong Highlighted Bitcoin’s Risk-Adjusted Performance Measured in Standard Deviations (Z-Score) Relative to the AVERAGE AVERTHERMENT 36 Identifying Crypto Bear Markets.
“Our [z-score] Model Indicates that the most recent Bull Cycle Ended in Late February. But It Has Since Classified All Subsequent Activity As “Neutral,” Highlighting Its Potential Lag in Rapidly Changing Market Dynamics, “Duong Said, Calling For A Duzk.
The Impening Winter May Be More Brutal for Alternative Cryptocurrencies Considering the Slowdown in the Venture Capital (VC) Funding.
While Btc Set New Highs Early This Year, Well Above The 2021 Top of $ 70k, The Bullish Trend Failed to Inspire More Risk Taking in The VC Space, Leaving The Overall Funding 50%
Duong Said That Crypto Market “May Find a Floor in Mid-To-Plate 2q25-Setting Up A Better 3q25.”
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