The overall weakness is quite stark with the weighted moving average I track. Here is my cryptocurrency analysis:
Over the last few weeks
negative =0.5174073025757147 –> % of row of a riskon.log which has thousands of entries over the last 4 weeks. THIS SHOWS THE DOWNWARD PRESSURE in the market over the last few weeks.
positive >1.0 =0.04472120011321823 –> you need this 1.0% of weighted moving average to see the big moves over a sustainable length of time to profit properly in the market crypto. you could see it only 4% over the last few weekds
This is from today:
num negative of current riskon.log
negative =0.4307692307692308 –> 43% is negative
positive >1.0 =0.0
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