BlockBeats News, May 9th, CryptoQuant stated on social media that "Bitcoin sentiment has flipped. Spot inflows are rising, and Bitcoin's bull market index has surged from 20 to 80. A score above 60 indicates bullish sentiment, supporting price increases."
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.