Negative 30-Day MVRV's Show High Upside of Buying Into Others' Pain
📊 Average trading returns are a great representation of whether 'buying low' or 'selling high' is actually the right timing. Currently, wallets active in the past 30 days are in negative range for BTC, ETH, ADA, and DOGE, and the vast majority of altcoins.
When MVRV's are negative, this means a buy or addition to your holding is doing so while others are already at a loss. Historically, these 'blood in the streets' moments are when professional traders make money.
Trade with caution, and do not assume these opportunity zone signals will lead to an immediate turnaround. But probabilities are pointing to at least a short to mid term turnaround for crypto shortly, assuming economic or geopolitical factors don't get in the way. 🌎
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