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BIT: Sentiment Indicators Improve, May Strengthen Expectations for a More Positive Bitcoin Trend

Source: x.com
BIT stated that despite heavy market short positions and persistently sluggish trading volume, its proprietary "Greed and Fear Index" continues to improve, further reinforcing its more positive trend outlook for Bitcoin outlined in the latest weekly report. Historically, when the 21-day moving average of this index turns upward, Bitcoin often rises accordingly, corresponding to multiple major tactical bottoms.

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