🚨On-chain Profit/Loss Margin has risen above the 30-day average.
✍️ Although still in the negative zone, this pattern indicates that short-term losses are decreasing and momentum is showing signs of recovery. Historically, such crossovers correspond to periods when the likelihood of continued price increase is higher.
In the short term, the outlook is positive, but we need to monitor the trend and volume a bit longer for confirmation.
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.
🚨On-chain Profit/Loss Margin has risen above the 30-day average.
✍️ Although still in the negative zone, this pattern indicates that short-term losses are decreasing and momentum is showing signs of recovery.
Historically, such crossovers correspond to periods when the likelihood of continued price increase is higher.
In the short term, the outlook is positive, but we need to monitor the trend and volume a bit longer for confirmation.