The CTR-40 indicator's Bear Market warning signal is still valid. Over the past 6 years, whenever the blue zone appears, BTC has experienced a Rebound lasting nearly one month, followed by a downturn that brought about the Bear Market.

BTC has already rebounded for more than 1 month. Will this time be different?

CTR-40 calculates the overall trend status ratio of the top 40 Cryptocurrencies by Market Cap.

And when the blue range appears, it means that most cryptocurrencies do not have good Liquidity support, so they are still in a low position or short trend. This proportional value indirectly indicates that the entire crypto market is still in a state of Liquidity shortage.

And BTC is the most liquid of all Cryptocurrencies, so whenever other currencies perform poorly, Liquidity will first return to BTC, hence the appearance of the blue zone, BTC first independently walked out of a period of long positions trend and then fell in structure;

(Sent at 9 am, remember to delete the parentheses