Part 9/12:
Fear and Greed Index: After lingering at extreme greed levels, recent readings suggest a drop toward fear, often considered a contrarian buying signal.
Top Buyers Realized Losses: Over the past two months, whales and top buyers have realized losses, but this often signals capitulation and the potential for a rally.
PE and P Multiple Compression: Despite a decline in the PE multiple to 0.8, historical precedents suggest that such lows have often been followed by bullish runs.
Market Liquidity and Liquidations: Bitcoin experienced a significant purge of leveraged longs last night, with many being wiped out as prices plunged near $56,600. This liquidation event has likely cleared a path for fresh buying interest.