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๐Ÿ“Š $BTC #CryptoQuant : SmartMoney realizes profits and sells. Current position of BTC is not considered the optimal entry point for a purchase. There is a suspicion that price correction can happen at any time from this point, given the high probability indicated by the current SOPR ratio. It is wise to watch for SOPR falling below 1, which indicates a shift to #FOMO (stupid money) buying followed by loss selling as an opportunity to enter the market.

๐Ÿ“Š $BTC #CryptoQuant : SmartMoney realizes profits and sells.

Current position of BTC is not considered the optimal entry point for a purchase. There is a suspicion that price correction can happen at any time from this point, given the high probability indicated by the current SOPR ratio.

It is wise to watch for SOPR falling below 1, which indicates a shift to #FOMO (stupid money) buying followed by loss selling as an opportunity to enter the market.

Disclaimer: Includes third-party opinions. No financial advice.ย See T&Cs.
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