đąOdaily Planet Daily is here to report! According to Glassnodeâs weekly on-chain analysis, the price of Bitcoin fell to the $60,000 area, and a certain degree of fear and pessimism emerged among digital asset investors. đ° Market volatility has stalled and investors seem to have become numb. đ”
But don't worry! Judging from the MVRV ratio, the profitability of overall investors is still strong, maintaining an average profit multiple of 2 times, which is good news! đHowever, most short-term holders are currently in the red. đ
Importantly, many volatility indicators have declined significantly, which could be a sign of greater volatility to come. đSo, investors, be prepared to face the possible storm! đȘïž
Although the current market situation has caused some concerns, we remain confident in the future of Bitcoin! đȘBitcoin, come on! đ