6 Months of Loss: when will crypto start to rise?
6 MONTHS OF LOSS: when will crypto start to rise?
The realized profit/loss indicator has been in the red zone for more than 6 months.
This means that for more than half a year, traders have been selling off their crypto at a loss. I'm sure the big players are very happy about that.
Glassnode has noted that the peak of sales is already behind us. Compared to the last "red" period in the cryptocurrency market, which lasted 11 months, this global dump may be over much faster, if not already over.
We should add that the "green" zone has never been the best place to BUY crypto, so buying crypto and preparing for the bull run should be done in advance: by trading, learning, gaining experience.