Has the Bull Market Not Begun Yet These 5 Indicators Will Shock You

CoinWorld News Report:
The fear and greed index is currently at 26. The last time it reached this level, SOL was at $11, and everyone was saying “sell in greed, buy in fear.” However, less than 1% of people can actually do it!
Many people believe that the bull market has ended, but in fact, the bull market has not yet begun.
These 5 indicators will shock you!
1) Stablecoin Index
This indicator mainly tracks new funds entering the crypto market. Currently, we have not reached the levels of previous cycles. Once liquidity increases, the market will grow accordingly.
2) Trading Volume
Although the price of Bitcoin is still over $50,000, the trading volume is much lower compared to 2021. Currently, retail participation is very low, so once retail funds flow in, the market will rise.
3) Bitcoin Dominance
Bitcoin dominance refers to the percentage of Bitcoin’s total market value in the cryptocurrency market. Since April, Bitcoin dominance has been consolidating in the range of 54% to 57%. Once it falls below this range, it will mark the beginning of the altcoin season.
4) Coinbase Downloads
Historically, when Coinbase becomes the most downloaded application, it means that the market is too hot and it is time to exit. This trend may repeat, but it has not been realized yet.
5) Google Search Trends
Google Trends data shows that the search volume for Bitcoin, cryptocurrencies, or altcoins is still much lower than in 2021. Looking back at the global trends of the past 5 years, we find that the current search interest is 2.5 times lower than in 2021.
6) Venture Capital Investment
The amount of venture capital investment reflects market interest. The peak of financing occurred in 2021, coinciding with the peak of the cycle. Currently, the overall financing amount is four times lower.
In summary, the bull market is far from over, and the bear market is not even worth mentioning. Confidence is more important than gold, so everyone should be patient. At the same time, do not rush to buy the dip, as the incident in Mentougou has not been resolved.
Large unlocking this week:
APT: Approximately 11.31 million tokens will be unlocked on July 12, accounting for 2.49% of the current circulation, with a value of approximately $63 million.
XAI: Approximately 198.4 million tokens will be unlocked on July 9, accounting for 71.59% of the current circulation, with a value of approximately $55 million.
IMX: Approximately 32.47 million tokens will be unlocked on July 12, accounting for 2.15% of the current circulation, with a value of approximately $41.6 million.
Market Analysis
The bottom of the market cannot be confirmed in a short period of time. It takes a long time of trial and error for the market to form a unified bottom consensus. Currently, from last week’s drop below 55,000 to the short-term recovery above 55,000, it can be confirmed that there is strong support around 55,000. However, further confirmation is still needed.
On the 4-hour timeframe, a second confirmation of the bottom support position is underway. Everyone should give the market some patience. Once the bottom support is fully confirmed, there will be a retaliatory rebound trend in the future. At this moment, short-term dollar-cost averaging or buy-on-dip strategies should be adopted. By the fourth quarter, there should be fruitful results.
In addition to the overall market, there are currently hotspots in the altcoin sector. We will see if they can continue.