At the end of January, Bitcoin showed a capitulation signal, but it didn’t persist and wasn’t as aggressive as in previous cycles. Historically, Level 1 capitulation signals tend to form local bottoms, while Level 2 signals usually mark cycle bottoms. This indicator is calculated as a composite binary indicator (0–3) designed to detect potential market capitulation events. It combines three major stress signals: • Hash Rate drop greater than 30% within 30 days • Price drawdown greater than 50% • 7-day Active Supply above 15% Each triggered component adds one point to the score. When the indicator reaches 2–3 points, it signals severe market stress and a higher probability of a market bottom. Access our new Beta https://t.co/fgJJB1aRR4 Use the code EARLYBETA26.