DeepChain TechFlow News, CryptoQuant analyst Grizzly's latest research shows that the Bitcoin Puell Multiple is currently in a critical decision range. The indicator fluctuates between 0.6 and 0.8, implying that Bitcoin may be approaching a favorable buying level.Grizzly points out that data from the past decade indicates that when the Puell Multiple falls below 0.6, it usually represents an ideal time to implement Dollar-Cost Averaging (DCA) strategy. Conversely, when the index surpasses 0.8, it is often associated with a bull market, often driving Bitcoin prices to new historical highs.Currently, the index is fluctuating between these two critical values. If historical patterns repeat, a drop in the index below 0.6 may once again bring favorable buying opportunities to investors.

<div>
DeepChain TechFlow News, CryptoQuant analyst Grizzly's latest research shows that the Bitcoin Puell Multiple is currently in a critical decision range. The indicator fluctuates between 0.6 and 0.8, implying that Bitcoin may be approaching a favorable buying level.
Grizzly pointed out that data from the past decade indicates that when the Puell Multiple falls below 0.6, it usually represents an ideal time to implement Dollar-Cost Averaging (DCA) strategy. Conversely, when the index surpasses 0.8, it is often associated with a bull market, frequently driving Bitcoin prices to new all-time highs.
Currently, the index is fluctuating between these two critical values. If historical patterns repeat, a drop below 0.6 in the index may once again bring favorable buying opportunities to investors.
</div>

CryptoQuant analyst: The Bitcoin Puell Multiple indicator fluctuates between 0.6 and 0.8, implying a favorable buying level is approaching.