Short-term investors continue to sell at a loss, which may indicate an opportunity for medium- and long-term investments.
Such periods of active selling are usually combined with local fund structures that eventually become excellent buying zones during bullish markets over time.
If the cycle structure holds, all purchases below $80k may have the same basis as purchases below $60k in 2024, as well as below $26k in 2023.
However, it is important to remember that this indicator may give such signals over months, as it points to regions rather than specific values in the very short term.
Such periods of active selling are usually combined with local fund structures that eventually become excellent buying zones during bullish markets over time.
If the cycle structure holds, all purchases below $80k may have the same basis as purchases below $60k in 2024, as well as below $26k in 2023.
However, it is important to remember that this indicator may give such signals over months, as it points to regions rather than specific values in the very short term.