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BTC Rebound signals? on-chain trader loss data reveals key clues
[Coin World] Has anyone noticed? Before each major rebound of BTC, there is a pattern in the on-chain data.
Historically, when traders suffer an average loss of more than 37%, prices tend to start rebounding. What is the current figure? 20%.
This means that according to this indicator, we haven't reached the “valley of despair” yet. Of course, historical data is just a reference, and the market is always full of variables. But if you are paying attention to on-chain signals, this level of loss is worth monitoring.