The Realized Profit/Loss Ratio (90D-SMA) has now fallen below 1, confirming a full #transition into an excess loss-realization regime. Historically, sub-1 readings have persisted for 6+ months before being reclaimed, and that reclaim has typically marked a constructive return of liquidity and early signs of structural recovery. #crypto
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The Realized Profit/Loss Ratio (90D-SMA) has now fallen below 1, confirming a full #transition into an excess loss-realization regime. Historically, sub-1 readings have persisted for 6+ months before being reclaimed, and that reclaim has typically marked a constructive return of liquidity and early signs of structural recovery. #crypto