The Ahr999 Index has begun to approach 0.45
According to Jinse Finance, Coinglass data shows that the Ahr999 index on November 21 has dropped below 0.5, just one step away from the bottom-buying range index of 0.45. It is reported that the Ahr999 index is an indicator used to measure whether the price of bitcoin is "expensive" or "cheap" relative to its long-term value. An Ahr999 index below 0.45 is usually considered a super cheap bottom-buying range for bitcoin, suitable for increasing investment; an Ahr999 index between 0.45 and 1.2 is considered a reasonable price range for regular investment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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