RHODL Ratio 4.5 – The Final "Transfer of Ownership" Before the New Cycle?
The RHODL Ratio touched the 4.5 threshold this week, a critically important figure for on-chain analysts. Essentially, this ratio measures the balance between long-term holders (LTH) and short-term speculators. #Colecolen
When RHODL reaches record highs, it indicates the market is flooded with "diamond hands," while the supply from short-term speculators has been squeezed out following the 50% drop from the $126,000 peak. This is the scenario that occurred at the cycle bottoms of 2015 and 2022. While current community sentiment remains highly negative, the on-chain structure tells a story of aggressive accumulation. As circulating supply thins and institutional demand from ETFs persists, any positive macro nudge could trigger a powerful recovery. However, a bottom is usually a zone rather than a single point; patience is key. (DYOR) $BTC $HAEDAL $DENT
