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Analysis: Short-term investors' enthusiasm drops to freezing point, signaling market reversal imminent
Summary: According to sources, on-chain data analyst Murphy stated that the market is experiencing low volatility and high concentration, with a 7-day change rate of STH-RP (Short-term Holder Real Price) at only 0.69%. This indicates that short-term investors' enthusiasm has dropped to freezing point, mirroring the sideways trend in February and May of 25 years ago, ...
According to sources, on-chain data analyst Murphy stated that the market is experiencing low volatility and high concentration, with a 7-day change rate of STH-RP (Short-term Holder Real Price) at only 0.69%. This indicates that short-term investors' enthusiasm has dropped to freezing point, mirroring the sideways trend in February and May of 25 years ago, signaling a market reversal may be imminent.
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Link: Analysis: Short-term investors' enthusiasm drops to freezing point, signaling market reversal imminent [Copy]