Special post related to bullrun. đ„đ„đ
We can monitor corrections by tracking the magnitude of unrealized losses held by investors, particularly the percentage of coins that have lost their "in-profit" status compared to the local price peak over a 90-day rolling window.
This represents new capital entering the market, absorbing sell-side pressure during an uptrend, and subsequently falling into loss during a correction.
The depth of these drawdowns in the current uptrend is similar to the 2015-2017 bull run, suggesting a relatively robust market without an excessive volume of coins bought at overly high prices.