On the contrary, from the perspective of long-term holders, it has entered the game-playing zone (yellow), but if we look solely at the NUPL data, it has now entered the transition period between bull and bear markets (orange).
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Phyrex
@Phyrex_Ni
其实 $BTC 一直有自己的牛熊判断标准，基本来说，当 NUPL 的数据进入到红色区间的时候代表了 Bitcoin 进入了熊市，而橙色往往代表即将进入或离开熊市，黄色则是过度区间，而目前还尚未进入到黄色区间，所以起码我个人觉得目前并不是 BTC 的熊市，起码还没完全进入。 x.com/Phyrex_Ni/stat…
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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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