Mayer's multiple dropped back to 0.90 again... a 2.6% increase for the day. Whenever I see this indicator dropping below 1, I remember one thing: the last time it stayed like that for a while, it didn't mark the start of a bigger decline, it was more like the market offering cheap sats to those with the stomach to ignore the panic around.



It's kind of interesting to observe this Mayer's multiple now. Historically, when it stays in this zone, those who stayed quiet and didn't sell in desperation ended up seeing things turn around. It's like that patience test of the market, you know? Sats being distributed to those who can stay calm while everyone else is shouting.

Bitcoin is at $77.64K with +1.80% in the last 24 hours. Maybe it's time to pay attention to this Mayer's multiple again. Whenever it drops below 1, it's good to be prepared. 😏
BTC-1.22%
SATS-6.63%
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