Chris Burniske, former head of Ark Invest crypto division and analyst, pointed out a pair that can be defined as a risk indicator of the cryptocurrency market.
Chris Burniske in a recent in your post, crypto risk can be defined as an important indicator of appetite LEFT/ETH focused on parity. both wither (LEFT) as well as Ethereum (ETH) historically from Bitcoin (BTC) Pointing out that it is much more playful, Burniske said, to measure the current risk level of the market suggested that this parity could be an indicator.
Burniske considers these assets as a whole rather than simply being used as an indicator of risk. cryptocurrency market and may be a reflection of risk tolerance among investors.
SOL/ETH parity is one of the crypto money investors in the market. risk tolerance Burniskie said, “Are you expecting more liquidity flows from Eth to Sol?” She gave a remarkable answer to the question. Sharing an image of the SOL/ETH parity, Burniske said that this graph reflecting the risk appetite that you don’t seem to want to stop stressed.
According to this approach of Burniske, crypto money investors will be more in the market, which started to attack with the year 2023. risk as well as focuses on rewarding investments.
This chart doesn’t seem to want to stop. This indicates that risk appetite will only move up rather than down.
However, Burniske stated that it would not be sufficient to take reference only on this parity. increasingly cryptocurrencies macroeconomics and part of traditional finance. He stated that Solana or Ethereum should not be perceived as indicators that move the market.