Is this still a bottom-fishing index? It has basically become a trapped index.


Bitcoin Ahr999 "Bottom-Fishing" Indicator drops below 0.3, approaching the February 6 low again.
On February 25, according to Coinglass data, the Bitcoin Ahr999 indicator fell to 0.29, significantly below the "bottom-fishing line" (0.45), with the recent low being 0.27 on February 6.
During the last bear market cycle, on June 18, 2022, and November 22, 2022, the market experienced "ETH crash liquidation" and "FTX explosion" events, respectively, and the index both fell below 0.3.
This indicator was created by ahr999 to assist Bitcoin dollar-cost averaging users in making investment decisions based on timing strategies. It implicitly reflects the short-term return rate of Bitcoin dollar-cost averaging and the deviation of Bitcoin's price from its expected valuation. Historically, the Ahr999 index has been below the bottom-fishing line (0.45) for 572 days. $BTC
{spot}(BTCUSDT)
BTC3.73%
ETH4.82%
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