The Long-Term Holder NUPL shows that $ETH has just entered the Belief zone (green). Historically, at the peak of a bull market, price spends a measurable period in the Euphoria zone (blue). For that to occur, price still needs to climb further. $10k and $20k $ETH are not unimaginable...
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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