🤕 The vast majority of cryptocurrencies are now flashing extreme pain for average trading returns. Wallets active in the past 30 days have an average performance of:
📌 Cardano $ADA: -19.7% (Extreme Buy Zone)
📌Chainlink $LINK: -16.8% (Extreme Buy Zone)
📌Ethereum $ETH: -15.4% (Extreme Buy Zone)
📌Bitcoin $BTC: -11.5% (Good Buy Zone)
📌XRP Ledger $XRP: -10.2% (Good Buy Zone)
📊 Use MVRV to find out what a 'buy low' zone actually is, as opposed to simply looking at trendlines and support (though both are still viable). In a zero sum game, buy assets when average trade returns of your peers are in extreme negatives. The lower MVRV's go, the higher the probability is of a rapid recovery.
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