As noted by commentator Murad over the weekend, Reserve Risk, which shows long-term holder sentiment, hit its lowest-ever levels at July’s prices.
“Either this indicator is broken or we are in the high timeframe bottoming zone,” he said in part of Twitter comments alongside data from on-chain analytics firm Glassnode.
“I lean towards the latter.”
Reserve Risk, as Cointelegraph reported, has been rediscovering its green “buy” zone since March, this corresponding to optimal chances to invest with “outsized returns” as a result.
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