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CryptoQuant.com|Jan 24, 2025 16:35
TON: Normalized Risk (Medium Turn) Signals Bottom Formation
“Historically, these levels align with local price bottoms during market dips. Similar patterns were observed in the past:
- August 5, 2024: Price hit 5.3 before climbing to 6.8.
- September 6, 2024: Price rebounded from 4.6 to 5.9.
While it may take time for this metric to fully bottom out and reach its lowest risk level, current data suggests it's nearing a key inflection point.” – By @JA_Maartun
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