đ 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. đ
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. đȘ
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? đ