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Navneet
@seedify
Glassnode data shows an interesting trend: when profitable trades exceed the 95th percentile, two phases emerge: 1. "Pre-Euphoria" rally: Prices aim for previous highs. 2. "Euphoria" phase: Prices break those highs. Extended periods of high profitability indicate market strength, possibly leading to new highs.
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Bull 🎩↑
@citrus9922
Nice analysis
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