Every investment and all trading involves risk, so you should always perform your own research prior to making decisions.
According to the Long-Term Holder Spent Price against the Cost Basis indicator, most investors are still capitulating as the divergence between the purchase price and the selling price constantly rises.
Glassnode’s report also included an overview of additional indicators, including realized profit and loss on the cryptocurrency market, which shows us the average USD value at which investors may enter and exit the market.
But while Realized Profit and Loss can give us a hint about current market conditions, we can also see the length of each cycle on the market.
Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future.