ICYMI: At the current NUPL value of 0.36, the market is at a v | Crypto Express™ PREMIUM
ICYMI: At the current NUPL value of 0.36, the market is at a very neutral level, with 55.8% of days recording a higher reading, and thus 44.2% being lower.
This is coincident with past cycles where a transition between a bear and bull markets have taken place. It also suggests that the market is neither heavily discounted (like it was at $16k), nor heavily overvalued (like at the $60k+ peak).
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