Definition ∞ A historical low signifies the lowest price point or valuation an asset has reached over its entire recorded trading history. This metric provides a reference for extreme market downturns or initial pricing levels. It is a key data point for long-term market analysis.
Context ∞ Observing an asset approach its historical low often triggers significant market sentiment shifts, attracting bargain hunters or indicating severe distress. Analysts use this data point to assess potential support levels and evaluate the long-term viability of an asset. The behavior of an asset at or near its historical low can provide insights into market resilience and investor conviction.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
