Crypto Rally Pushes Cardano Into Overvalued Range

📊 According to the 30-day MVRV's of crypto's large caps, things have changed significantly following today's climbs. Average trading returns across networks over the past 30 days:

Mildly Undervalued:

📌 Ethereum $ETH: -5.5%

Neutral:

📌 Bitcoin $BTC: -1.4%

📌 XRP $XRP: -0.1%

📌 Chainlink $LINK: +3.3%

Mildly Overvalued:

📌 Cardano $ADA: +6.8%

🧐 MVRV provides an objective way to truly measure when you can buy low and sell high. Instead of just arbitrarily buying dips, pay attention to when the zero-sum game for a coin begins to show average returns way below that usual 0%.

💸 Buy and dollar cost average when a coin is in an 'Undervalued' zone. Be cautious when a coin reaches an 'Overvalued' zone.

🔖 Watch the average returns of top caps and bookmark this amazing Santiment chart!

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非财务建议。DYOR。