Definition ∞ Conviction increase refers to a growing confidence among investors regarding the future performance or fundamental strength of a particular digital asset. This heightened belief often results in larger or more frequent purchases, and a reduced willingness to sell. It indicates a stronger commitment to the asset’s long-term prospects.
Context ∞ News reports frequently cite signs of increasing investor conviction, such as sustained buying during price dips or reduced supply on exchanges. This trend is closely watched as it can precede significant price advances. Observing an increase in conviction helps gauge the market’s collective belief in an asset’s durability and potential.
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