Santiment: Based on average trading returns, many assets have made understandably strong returns since markets began to roar in mid-October 2023. With the exception of a few #altcoin laggards, the vast majority of #crypto projects generate profits for the average wallet in the medium to long term. This means that our model shows quite a lot of "overbought" signals. This, of course, does not mean that the cryptocurrency is on the verge of a large-scale correction.
Finding yourself buying or taking new positions while markets are in the midst of a 4+ month rally carries more risk than average.
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