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CryptoQuant: The bull run score index remains at a low level, and if it breaks 60, BTC will experience a big pump.
Odaily News CryptoQuant, a blockchain data tracking company, has reported that its "Bull Score Index" has fallen to 20, the lowest value since January 2023. According to CryptoQuant analysts, if this index remains below 40 for an extended period, it may indicate that the bear market conditions will continue. Historical data shows that Bitcoin needs this index to break above 60 for a sustained big pump. Additionally, Sean Farrell, head of digital asset strategy at Fundstrat, pointed out that the unpredictability of Trump's policies has left the market on edge, making encryption assets that rely on trend funding particularly vulnerable. (Marketwatch)