Santiment Re-poster(@_bfarmer)s statistik

By examining the 30-day MVRV data for large-cap cryptocurrencies, we can gauge whether assets are undervalued or overvalued relative to the average returns generated by traders. The current market situation is as follows:
Undervalued:
Ethereum $ETH: -14.3%
Slightly Undervalued:
Bitcoin $BTC: -6.9%
Chainlink $LINK: -5.1%
XRP $XRP: -4.1%
Cardano $ADA: -2.0%
The MVRV metric serves as an impartial tool to help investors effectively buy low and sell high. Rather than purchasing dips without a plan, it is wiser to watch for moments when the average returns for a coin drop well below the 0% baseline.
History demonstrates that engaging in dollar cost averaging when on-chain indicators signal high levels of distress in average wallets, which is the case currently, is a reliable approach for generating substantial long-term profits.

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}By examining the 30-day MVRV data for large-cap cryptocurrencies, we can gauge whether assets are undervalued or overvalued relative to the average returns generated by traders. The current market situation is as follows:

By examining the 30-day MVRV data for large-cap cryptocurrencies, we can gauge whether assets are undervalued or overvalued relative to the average returns generated by traders. The current market situation is as follows: