Crypto bull market not over yet, index analysis suggests

Jamie Coutts, Chief Crypto Analyst at Real Vision, said on X that the 365-day New Lows (NL) for the Crypto Top 200 Index surged to 24% this week, marking the second instance this month. Coutts explained that in true bear markets, NLs frequently exceed 50%. Meanwhile, in bull markets, NLs between 25-35% generally indicate the lows of corrective phases.