Definition ∞ Conviction buying represents the act of acquiring a digital asset based on a strong, long-term belief in its underlying value or future potential. This purchasing behavior often occurs irrespective of short-term market volatility or prevailing negative sentiment. It signifies a high degree of confidence from investors in an asset’s enduring prospects.
Context ∞ Market analysts frequently track conviction buying patterns through on-chain data, observing sustained inflows to non-exchange wallets during price corrections. Such activity is reported in crypto news as an indicator of resilient investor sentiment. It suggests that certain market participants are positioning for significant future appreciation, influencing broader market perception.
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