In Bitwise's latest report, I noticed an interesting thing — there are warning signals indicating that the crypto market is quite close to bottoming out. Especially when looking at the activity at position 77, it appears that market participants are accumulating at this level.



In the crypto market, such peak warning signals are usually significant indicators. Bitwise's analysis suggests that the market is about to enter an oversold zone and that we may soon see reversal signals. The 77 position level seems to be a critical resistance point in this context.

Of course, following these kinds of signals isn't always profitable, but paying attention to such indicators as the bottom prices approach can be a wise move.
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