[Analyst: Bitcoin Bull Market Index Has Shifted from 'Bullish Cooling' to 'Neutral'] BlockBeats News, August 22, CryptoQuant Head of Research Julio Moreno stated, 'The Bitcoin Bull Market Index has shifted from the 'Bullish Cooling' phase to the 'Neutral' phase, with the index dropping from 70 to 50. For risk management considerations, if the index weakens further, it indicates that Bitcoin prices may continue to decline.'