CryptoQuant: Bull-Bear Index Hits New Low Since FTX Collapse, Yet Still Not in "Extreme Bear Market" Zone

Odaily News CryptoQuant's Bitcoin Bull-Bear Index recently hit its lowest point since the 2022 FTX collapse. This indicator measures market momentum by calculating the difference between Bitcoin's Market Value to Realized Value (MVRV) ratio and its 365-day moving average. Historical data suggests that similar extreme bear market levels often signal the formation of a market bottom.