The on-chain metric that could signal a bear market reversal
Given the historically different behaviors LTHs and STHs exhibit, the ratio between their realized prices can illustrate how the market dynamic is shifting.
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The global crypto market cap is $1.08 trillion with a 24-hour volume of $64.24 billion. The price of Bitcoin is $23,680.93 and BTC market dominance is 42.4%. The price of Ethereum is $1,610.55 and ETH market dominance is 18.3%. The best performing cryptoasset sector is Liquid Staking, which gained 1%.
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The on-chain metric that could signal a bear market reversal
Given the historically different behaviors LTHs and STHs exhibit, the ratio between their realized prices can illustrate how the market dynamic is shifting.
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