Bitcoin's Average Realized Profit Ratio Hits 17%, Signaling Potential Profit-Taking Pressure

BTC-2.28%

According to ChainCatcher, market analyst Ali noted on X that Bitcoin currently shows signs of overheating, with traders’ average realized profit ratio rising to 17%, indicating a significant number of investors are in substantial profit positions and face potential profit-taking pressure. The last time a similar signal appeared was in March 2022, when Bitcoin’s average profit ratio also reached 17% while testing the 200-day moving average resistance, subsequently forming a stage top and entering a downtrend. The historical pattern has now reoccurred.

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