CoinLupin

FOMO is starting?

How do we know that FOMO is coming? You can find out right away using SOPR. An SOPR greater than 1 means that on average, there are many sales in profit, and the increasing trend means that average profitability is improving. However, while the price of Bitcoin is currently rising, SOPR (especially STH-SOPR) is falling. This has two meanings. 1. Those who missed the price increase are now making purchases. (This is FOMO.) 2. It was sold by people who bought it cheaply for a short period of time. This is similar to August 2020. It seems that people who couldn't buy it cheaply feel FOMO and participate. This may mean short-term highs and subsequent adjustments. (Because it's not smart money.)