[CryptoQuant Bull-Bear Index Hits New Low Since FTX Collapse, But Has Not Yet Reached 'Extreme Bear Market' Zone] BlockBeats reported on February 17 that the CryptoQuant Bull-Bear Index recently hit its lowest point since the 2022 FTX collapse. This indicator measures market momentum through the difference between the market profit and loss index and its 365-day moving average. Historical data shows that similar extreme bear market levels often signal the formation of a bottom.