$BTC Surrender Indicator has just soared to an all-time high (ATH)! 🤯 The last time a similar spike occurred, BTC rose by 50% in the following weeks!
What is the Surrender Indicator?
The Surrender Indicator is a tool used in cryptocurrency market analysis to measure market panic and bottom confirmation.
• "Surrender" (Capitulation) refers to the act of market participants being forced or choosing to sell their held assets at a loss due to immense fear, ongoing losses, and despair.
• Indicator essence: It typically measures the "total realized losses," which is the situation where the cost price at which investors sold Bitcoin during a specific period is higher than its current selling price (in a loss state).
• Indicator value: When a large number of long-term holders or panic-stricken retail investors simultaneously sell at a loss, the indicator spikes. This is often considered an extreme low point in market sentiment, marking the final stages of a bear market or a potential bottom.
Is this indicator really useful?
Let's see if this indicator can continue to be effective? 👀#加密市场观察
