Golden Finance reports that the latest report from the crypto assets data analysis platform CoinKarma shows that despite Bitcoin pulling back over 10% since hitting an all-time high in mid-August, its core indicators Market Pulse and Karma Index are both close to triggering long positions entry signals. Analysis points out that there are currently no obvious signs of a market top in the medium to long term, and investors can follow short-term rebounds and medium to long-term reversal opportunities.
It is reported that when the Market Pulse resonates with the Karma Index, it often indicates a high probability of forming a medium to long-term bottom. These two indicators integrate multidimensional data such as spot liquidity, on-chain data, exchange traffic, and contract market.
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Analysis: The current market has not shown any significant signs of reaching a peak in the medium to long term.
Golden Finance reports that the latest report from the crypto assets data analysis platform CoinKarma shows that despite Bitcoin pulling back over 10% since hitting an all-time high in mid-August, its core indicators Market Pulse and Karma Index are both close to triggering long positions entry signals. Analysis points out that there are currently no obvious signs of a market top in the medium to long term, and investors can follow short-term rebounds and medium to long-term reversal opportunities. It is reported that when the Market Pulse resonates with the Karma Index, it often indicates a high probability of forming a medium to long-term bottom. These two indicators integrate multidimensional data such as spot liquidity, on-chain data, exchange traffic, and contract market.