The post BTC Net Unrealized Profit/Loss Turn Green – Is Panic Sell-off Coming? appeared first on Coinpedia Fintech News
Axel Adler Jr., an on-chain researcher, highlights a notable shift in market sentiment. Following the Belief stage at $72K, the Net Unrealized Profit/Loss (NUPL) indicator has turned green, signaling the Anxiety stage. This suggests heightened concern among investors, particularly those not holding long-term positions. Adler Jr. advises that the best approach to navigating this anxiety is to “HODL” — hold onto assets through volatile periods. This strategy could potentially offer stability amidst fluctuating market conditions.