Understanding the Meaning of “All-Time High”
The term “All-Time High” (ATH) refers to the highest price or market cap that an asset has ever achieved since its listing or inception. It is important to note that the all-time high is determined by the last transaction price, regardless of the quantity of the asset purchased.
The all-time high is a widely recognized measure in the global financial market as it represents the potential peak value of an asset. However, it is important to recognize that reaching the all-time high does not guarantee that the asset will trade at that level again. Therefore, the all-time high is often seen as more of a vanity metric rather than a reliable indicator of future performance.
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