Murphy|Sep 23, 2026 01:33
Finally seeing quite a few creators on X these past couple of days starting to believe this round is a 'trend reversal' rather than just a 'technical rebound.' After all, from a technical perspective, BTC breaking past the previous rebound high of 82850 means the downtrend structure has been broken.
But actually, we made this point clear 20 days ago — when the 'Investor Confidence Index' showed its first green signal.
Price is merely the result of secondary market matching, while on-chain data reflects the most direct behavioral feedback from all participants. That’s the beauty of it: it may lag in the short term, but it often leads in the long term.
If you’ve been following me since 2023, you’re definitely familiar with this indicator: the green zone between two red zones corresponds to a trend phase.
An entire bull market is made up of multiple such trend phases.
As you can see now, the indicator is clearly in the green signal zone. So what’s there to doubt? Remember! Pullbacks are opportunities.
The dishes are almost all served, and you’re still hesitating to dig in? Are you waiting for someone to feed you? ... Block out the noise, stay firm in your belief, and trust yourself.
Only when the confidence index leaves the green zone and enters the red zone will it signal the end of a trend. My 'subscription zone' will update and share insights immediately.
You’re always welcome to join us and explore together!
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