The bull and bear cycles of Bitcoin actually have some patterns to follow. The NUPL indicator is a good reference tool — when this data enters the red zone, it basically signals the arrival of a Bitcoin bear market; the orange zone is more subtle, often indicating an imminent trigger of a bear market or that the market is emerging from a bear phase; the yellow zone is considered a transitional area.



Based on the current data performance, we haven't crossed into the yellow zone threshold yet. What does this mean? To put it simply, I personally tend to believe that Bitcoin cannot yet be considered in a true bear market, at least not confirmed to have entered one. The indicator speaks, and the data proves it; we need to continue observing how this market trend unfolds.
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BtcDailyResearchervip
· 01-04 19:31
NUPL this thing is really somewhat reliable, but to be honest, the yellow zone was still a bit uncertain before. Wait, this data hasn't been confirmed yet? Then we need to keep pushing forward. Indicators are just indicators, but the key is still to see what the main players are doing, I think. Not entering the yellow zone still doesn't count as a real bear market? I like this logic, it avoids being cut off all the time. NUPL is just talking, but can we really trust it? I'm a bit skeptical. Let's observe a bit more, anyway, rushing is useless, as long as the indicator doesn't lie.
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MetaverseHomelessvip
· 01-04 09:30
NUPL hasn't entered the yellow zone yet. It feels like this bear market is a bit overrated. The indicator is accurate, but it seems like this thing also has a lag, right? Let's wait until it enters the yellow zone, anyway, we still need to keep watching. Data is just data; I'm just worried about being manipulated. This market right now... it's really hard to say whether it's truly a bear market or not.
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FortuneTeller42vip
· 01-02 14:51
Can you really trust this NUPL thing? It feels like it's always about the same pattern every time. It doesn't seem to have reached the yellow zone yet, so let's wait a bit longer. The indicator folks are back at it, basically just looking at the data and talking. Not entering the yellow zone doesn't count as a bear market? That logic is a bit extreme. Let's keep observing; anyway, the bear market won't last much longer.
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AlwaysQuestioningvip
· 01-02 14:36
Is NUPL really reliable? It seems like someone always shows off the indicator every time. The indicator is still the same, but the coin price still fluctuates wildly, no one can predict it. Not in the yellow zone yet? That means there's still room to play. I've heard this kind of analysis method too many times; in the end, it all becomes armchair strategizing. Data is static, but the market is dynamic. Don't be too superstitious about indicators.
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CoffeeOnChainvip
· 01-02 14:28
NUPL hasn't even turned yellow yet, so we're still far from a bear market. Wait, has this indicator ever been accurate in the past? I remember it often being proven wrong. Indicators can be deceiving, but wallets won't be. Watching how the whales move is the real key. Yellow zone? It's already 2024 and we're still looking at this. I only pay attention to trading volume and on-chain activity. Sounds nice, but actually it just means the bear market hasn't been confirmed yet. Just keep observing and it'll be fine. So should we buy the dip now or cut losses? Be direct, everyone. If I didn't enter the yellow zone this time, my short position's face is going to hurt.
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