Meena selvaraj
@cryptokingb
The decline in new investor wealth, without reaching previous ATH extremes, suggests the 2024 peak resembles the 2019 mid-cycle high rather than major tops of 2017 and 2021. Combined with near break-even transactions and underwater short-term holders amid low overall market losses, these factors indicate a potential significant price movement ahead, likely a mid-cycle adjustment rather than a macro peak.
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