Crypto analyst PlanB: $60,000 is an effective support level in the bull market
According to Odaily Planet Daily, crypto analyst PlanB posted on social media that the 5-month realized price (i.e. STH short-term holder price), currently at $60,000, seems to be an effective support level in the bull market. He further pointed out that this situation is similar to the market conditions in 2012, 2016-2017, and 2020.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%