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![DefiIgnas Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::831767219071754240.png) Ignas | DeFi [@DefiIgnas](/creator/twitter/DefiIgnas) on x 147.7K followers
Created: 2025-07-14 06:21:36 UTC

Another good top indicator is by CryptoQuant:

Bitcoin Bull-Bear Market Cycle Indicator

This momentum indicator tracks bull and bear cycles using the P&L Index.

- Bitcoin is firmly in the Bull Zone (orange), confirming a strong uptrend.

- Not yet in Overheated Bull Zone (red), which has historically marked cycle tops.

![](https://pbs.twimg.com/media/GvzCy5lW0AACdUh.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944643424990187541/c:line.svg)

**Related Topics**
[tops](/topic/tops)
[balance sheet](/topic/balance-sheet)
[momentum](/topic/momentum)
[cryptoquant](/topic/cryptoquant)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)
[coins pow](/topic/coins-pow)

[Post Link](https://x.com/DefiIgnas/status/1944643424990187541)