Crypto Alert: New Investors Feeling the Squeeze 📉

The STH MVRV Ratio has dipped below 1.0, signaling that #Crypto Newbies are in the red. 🚨

#Bitcoin needs to hit $62.4k to turn the tides for short-term holders.

Until then, expect continued #Market Weakness. 💪📉

Are we in for a prolonged bear, or is a recovery on the horizon? 🌅 Keep an eye on those metrics!