Markets bottom quickly. Confirmation comes later.
Our first joint research with @Bitwise_Europe keeps them apart. Bitwise tests seller exhaustion and demand on-chain. Our 45-signal engine tests whether the market regime has changed.
bitwiseinvestments.eu/blog/c…
What would confirm the low: fresh coverage across breadth, flows, rotation and leverage demand, and a trend check that holds through a retest.
Our read is that the evidence is consistent with 30 June as the cycle low. Although, another leg down remains possible.
Authors: @andre_Dragosch & @cornmaxy (Bitwise), @gxselby & @markpilipczuk (CF Benchmarks).
For professional investors only. Model classifications are research outputs, not recommendations. Cryptoassets are high risk and volatile, and investors may lose all capital invested