This #Altcoin metric is attempting to break a level it hasn’t cleared since May 2020. And the timing is striking. Back in May 2020: BTC ~$9K · ETH ~$200 · ADA ~$0.05 · DOGE ~$0.002 That was before the explosive 50x–100x+ moves that followed. Now, after roughly 6 years below the same level, the metric is flashing again. Even more interesting: multiple risk ratios that have historically moved closely with it are also turning higher after years of weakness. One signal can be noise. Multiple signals aligning? That’s confluence. Could be an early warning that the next major altcoin expansion is beginning. 👀
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