🚀 Spot Price Resilience: A #Bullish Signal?

Despite aggressive distribution from April to July, the spot price has consistently hovered above the Active Investor Cost Basis. 📈

This key metric, representing the average acquisition price for active coins, acts as a sentiment barometer. When the market holds steady above this level, it's a sign of underlying strength. 💪

The support at this threshold suggests that investors are still betting on positive momentum in the near future. #CryptoMarket

Could this be an indicator that the bulls are still in control? 🐂