Today, we're providing a status update on our #Bitcoin Risk Assessment Framework, a tool for discretionary traders to gauge market sentiment and underlying risk.
Below, you can see the latest reading on selected risk metrics. High volatility ahead? Take a look 🧵👇
Net Unrealized Profit/Loss (NUPL):
NUPL indicates whether market sentiment leans towards Fear or Greed. With a current value of 0.55, it's high above the 4-year mean but just below +1 STD, showing elevated risk without hitting Euphoria. https://t.co/9nRQVrZMK1