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FM FX
Something interesting is happening under the surface of $BTC.
Long-term holders briefly slipped underwater, but the stress stayed shallow. Now MVRV is back at ~1.35 and the cohort is firmly back in profit.
To me, this looks more like a healthy reset than the start of a deeper breakdown.
FSG FX
THE MORE I LOOK AT $ETH, THE MORE BULLISH I BECOME.
Nobody wants it. Everybody gave up.
That's exactly how every bottom felt.
The most hated rally is coming.
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