Santiment uses the Market Cap Realized Value（MVRV）indicator to identify sixaltcoins,highlighting three as potential buying opportunities and three as selling opportunities based onon-chaindata.
Points
- SantimentidentifiestopaltcoinsusingtheMVRVindicator.
- TheMVRVindicatorshowsaltcoininvestorsatasignificantloss.
- BAT,CHR,andHIGHareidentifiedasgoodbuyingopportunities.
- ENS,OM,andRSRareidentifiedaspotentialsellingopportunities.
- Theanalysishighlightssignificantlossesacrossthealtcoinmarket.
According toSantiment’srecentanalysis,the Market Cap Realized Value（MVRV）indicator reveals that most altcoin investors are at aloss,with significant losses observed across themarket.Based on thisdata,Santiment has identified the most potentially bullish and bearishaltcoins.
The MVRV indicator evaluates the average return of each wallet across almost allaltcoins,helping traders identify optimal entry and exitpoints.The analysis has highlighted sixaltcoins,categorizing three as good buying opportunities and three as potential sellingopportunities.
BuyingOpportunities
- BasicAttentionToken（BAT）:CurrentlyinthemathematicallyappropriateentrypointbasedontheMVRVmodel.
- Chromia（CHR）:AlsoidentifiedasagoodbuybasedontheMVRVindicator.
- Highstreet（HIGH）:Foundtobeinafavorablebuyzoneaccordingtotheanalysis.
SellingOpportunities
- EthereumNameService（ENS）:Historicallyenteredabadsaleszone,makingitapotentialsell.
- MANTRA（OM）:Identifiedasbeinginasellterritory.
- ReserveRights（RSR）:Alsofoundtobeapotentialsellingopportunity.
“Basedon themedium-termaverage return of each wallet across almost allaltcoins,traders are at a significantloss.The Market Cap Realized Value（MVRV）model shows that BAT is at the mathematically appropriate entry point for CHR andHIGH,while it is in sell territory forENS,OM,andRSR.”
According tomid-termaverage returns of each wallet across nearly allaltcoins,traders are well underwater.The@santimentfeedMean Value to Realized Value(MVRV)model shows mathematically viable entry points forBAT,CHR,andHIGH.Meanwhile,ENS,OM,and RSR areprojects…pic.twitter.com/3fMz2hqspN
解説
- Santiment’sMVRVindicatorisausefultoolforidentifyingoptimalentryandexitpointsforaltcoins.
- Theanalysishighlightssignificantlossesacrossthealtcoinmarket,reflectingthecurrentbearishsentiment.
- BAT,CHR,andHIGHareidentifiedasgoodbuyingopportunitiesbasedontheirfavorableMVRVpositions.
- ENS,OM,andRSRarehighlightedaspotentialsellingopportunities,indicatingtheyareinthebadsaleszone.