Why We Are Entering an NFT Bull Market

The market signals, metrics, and the breakdown of what I think Will Trigger an NFT Bull Market.

METRICS

OpenSea Volume Per User:

Has increased From June 13 — July 17

Avg. Per User:

• June 13th: 0.91 ETH Daily
• July 17th 5.27 ETH

NFTs Sold Per User

During the Bear, the average user sold 2 NFTs a day, and that number has cut in half to 1 NFT a day

30D Profit & Loss

The 30-day Profit Loss Metrics are becoming more neutral, these metrics have increased since posting this article

The Market Sediment Index