In this week's Glassnode Clips, we focus on RHODL Ratio:
- High RHODL values indicate that a significant proportion of the Bitcoin supply is being held in coins that have recently moved, illustrating a tendency towards short-term holding, whereas low values are indicative of predominant long-term holding.
- The RHODL Ratio is currently near its two-year median, which has traditionally been crucial in indicating market transitions; the lack of a clear break in either direction is emphasizing the current state of high market indecision.
- The RHODL Ratio has consistently served as a reliable indicator in identifying key market trends and shifts, positioning it as an essential tool for comprehensive market analysis.
Discover more in the latest Glassnode Clips below 👇
https://www.youtube.com/watch?v=LUt0XkuHyGs
Post #730
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