Analyst: The Bitcoin Bull Market Index has shifted from "Bullish Cooling" to "Neutral."
ChainCatcher news, according to CryptoQuant's research director Julio Moreno, "the Bitcoin Bull Market Index has shifted from the 'bullish cooling' phase to the 'neutral' phase, with the index dropping from 70 to 50.
For risk management reasons, if the index weakens further, it means that the Bitcoin price may continue to decline."
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