Right now, the market may seem irrational—despite bullish headlines on crypto adoption, prices aren’t mooning. But sophisticated investors don’t let narratives dictate their actions. We analyze where the data flows.
Key Findings:
Choppiness Index determines whether a market is trending or range-bound, the chart shows $BTC is still consolidating. This suggests a mean reversion phase.
However, the Augmented Dickey-Fuller (ADF) test signals the TOTAL crypto market is shifting into a trending regime—but not UP. The divergence in the chart speaks for itself.
Short-Term Holder MVRV: Measures profit/loss of short-term BTC holders relative to their cost basis. Currently holders are at a loss, with the lower band at ~$74.6K. A break down below this level could trigger massive liquidations.
Conclusion: Yesterday, the Supertrend indicator triggered a #BTC downtrend. The market is experiencing a relief bounce today, but don’t be fooled into thinking the dip is over. Levels to watch are on the chart above.
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Novices panic & react. Real Gs observe, then act.
