CG Cycle Watch 📊
NUPL: 15.02% - Hope/Fear zone.
Aggregate holder profit is positive but modest. No euphoric top signal, no capitulation bottom signal present in this metric currently.
This kind of neutral on-chain read often means positioning discipline matters more than directional bets - an environment where range-aware strategies can outperform pure conviction trades.
#NUPL #OnChainData #BTCAnalysis
NUPL: 15.02% - Hope/Fear zone.
Aggregate holder profit is positive but modest. No euphoric top signal, no capitulation bottom signal present in this metric currently.
This kind of neutral on-chain read often means positioning discipline matters more than directional bets - an environment where range-aware strategies can outperform pure conviction trades.
#NUPL #OnChainData #BTCAnalysis