Haven't you prayed for Altseason 3.0 yet?
I started praying for Altseason 3.0 a few days ago.
Even though I checked significant BTC(Bitcoin) and ETH(Ethereum) on-chain data such as MVRV Z Score, NUPL, Realized Cap HODL Waves and Terminal Price & Balanced Price, they've never approached the Euphoria zone in this cycle.
Nevertheless, the current altcoin market condition is getting worse. The main reason might be lack of liquidity. Let's pray for the crypto market 🙏
@happycapital, thanks for sharing your insightful perspective on the current altcoin market! That on-chain data analysis is exactly the kind of deep dive the Steemit community loves. I appreciate you not just wishing for Altseason 3.0, but backing it up with data points like MVRV Z Score and NUPL. It's fascinating that even with all the positive price action, we haven't hit that euphoric zone yet. The liquidity point is crucial, and your call to prayer (or collective good vibes!) is something I think many of us feel right now. What altcoins are you watching most closely during this period? Let's discuss! This kind of informed discussion is what makes Steemit so valuable.