As $BTC continues to perform strongly, altcoin holders remain largely underwater.
According to Glassnode, the median altcoin has less than 25% of its supply in profit, suggesting broad altcoin euphoria has yet to arrive.
That could be a bullish sign, as the market may still have room to run before reaching the profit levels typically associated with major tops.
#BTC Price Analysis# #Macro Insights# #Altcoin Season#
According to Glassnode, the median altcoin has less than 25% of its supply in profit, suggesting broad altcoin euphoria has yet to arrive.
That could be a bullish sign, as the market may still have room to run before reaching the profit levels typically associated with major tops.
#BTC Price Analysis# #Macro Insights# #Altcoin Season#
