Yonsei_dent
< Is LTH still selling? : Dormancy maintaining a high value>
The Support Adjusted Dormancy indicator has been showing high values since mid-December. Including FTX event, 30MA phase đ Over more than two months, there is a continuing tendency for LTH to sell long-term holdings. From a market trend standpoint, when Dormancy rises: 1. When the bear market deepens (2018 bear market: Area AđĽ) sell to prevent more considerable losses 2. Sell long-term holding coins to realize a profit in the bull market (2020 bull market: Area BđŠ) It appears to be situated one now. It seems that the market sentiment has not improved yet.