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We've developed an oscillator that tracks profitability across different coin age groups using an equal-weighted composite. This momentum indicator measures how many age-based cohorts are holding their coins in profit on average.
The recent price decline barely affected overall investor profitability, contrasting sharply with the deeper drawdowns during May-September 2024 and January-April 2025 accumulation phases. The composite has now crossed above its +1 standard deviation threshold, indicating positive profitability across all coin age groups and suggesting favorable sentiment conditions ahead.
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