According to the MVRV Z-Score, which gauges asset valuations based on average trader returns, certain top cryptocurrencies are categorized as overbought or underbought. The analysis identifies Toncoin, Bitcoin, and Ethereum as overbought, while Uniswap and Shiba Inu are considered underbought. 📊 According to MVRV Z-Score, which identifies overvalued and undervalued assets based on average trader returns, top caps are in the following categories: 🤑Overbought: Toncoin, Bitcoin, Ethereum😟Underbought: Uniswap, Shiba Inu pic.twitter.com/PWESMh7wRf — Santiment (@santimentfeed) June 29, 2024 In a recent tweet, an organization shared a list of the most valuable market assets, detailing the weekly, monthly, annual, and year-to-date returns
The post Market Analysis Reveals Overbought and Underbought Assets; Coinbase Derivatives Files For Regulated Futures appeared first on The Merkle News.