According to Odaily, Glassnode has reported a certain degree of fear and pessimism among digital asset investors as the price of Bitcoin drops to the $60,000 region. This sentiment often arises when market volatility stagnates and tends towards silence, causing investors to become numb.
Despite this, from the perspective of the MVRV ratio, the overall profitability of investors remains very strong, maintaining an average of 2 times the profit multiple, while most short-term holders are in a loss state. Many volatility indicators have significantly decreased, indicating that greater volatility is imminent.
