Bitcoin's Ahr999 indicator is showing interesting movements. Looking at Coinglass data, this indicator has dropped to 0.29, well below the normal buy zone of 0.45. It's nearly approaching the February low of 0.27.



This drop indicator is designed for investors using dollar-cost averaging, and it measures the deviation from short-term returns and theoretical values. Historically, it has stayed below this zone for as long as 572 days, and during the ETH liquidation crash in 2022 and the FTX collapse, it reportedly dipped below 0.3.

Periods when such indicators are declining might be worth paying close attention to in terms of market movements. Based on past patterns, it could be an interesting phase.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin