February 7 update

1. #m2 indicator, two months ago we looked at the m2 indicator, the new round's lowest starting point was on February 6, which is yesterday, and the new round of explosive growth also started yesterday and will last until April 14. Bitcoin $BTC

BTCUSDT

Perp

65,899.8

-2.29%

While the price of the coin has diverged, yesterday also synchronized to reach a low point before stabilizing. #Although a direct v reversal in BTC is a low probability event, #currently the m2 is showing this, corresponding to btc as a v reversal, let’s wait and see together.

2. btc.d index, 59.09

3. #Fear and Greed Index, 6, extreme fear, creating a new low since 2020.