Data shows that Bitcoin's realized profit/loss ratio has dropped to approximately 1.5; a drop below 1 could trigger a capitulation sell-off.

02/04 07:50

according to glassnode, Bitcoin's realized profit and loss ratio (90-day simple moving average) has been continuously declining (currently about 1.5), gradually approaching 1, reflecting increasingly drying up market liquidity conditions.
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DisclaimerThe content above does not represent HTX's positions.HTX does not provide any trading recommendations.

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