In the crypto world, some indicators are crucial to assess market trends. One of the most followed is the “supply in profit” of Bitcoin, which shows which percentage of the total offer is currently in unrealized gain. With an 87% recently reached, many wonder if it marks the arrival of a phase of euphoria. Crypto traders must ask themselves the question: how likely the market is to turn around?
In short
- 87% of the offer for Bitcoin, a signal of high confidence of investors.
- The supply in profit indicator can cause selling pressure if too much BTC is sold.
- Glassnode suggests that Bitcoin could enter a phase of euphoria if the indicator exceeds 90%.
“Supply in profit”: an indicator that climbs
Bitcoin's “supply in profit” recently crossed the bar of 87%a high level which deserves to be observed closely. This indicator calculates the proportion of the total BTC offer, capped at 21 million, whose purchase price is lower than the current market value. WhenA majority of the offer is in gainthis can point out strong investor confidence, but also a risk of sale to take profits.
According to Glassnodthis increase is directly linked to the recent rise in Bitcoin prices. The last peak of the market saw an increase in the indicator, reaching 87.3%. It should be noted that during the last rally of Bitcoin, about $ 94,000this indicator was to 82.7%.
It means that Almost 5% of the offer purchased during previous summits was exchanged at lower prices In recent weeks.
This high percentage can be a sign of selling pressurebecause investors in profit are often more inclined to sell. However, some analysts note that maintain a high level of “Supply in profit” can also indicate a sustained requestwhich supports the price despite the sales.
The “Supply in Profit” indicator and its impact on market trends
The “Supply in Profit” indicator is an excellent tool for understanding market expectations. When a large part of investors hold corners in gainthis can point out a widespread. However, this can also lead to a sales pressure When these same investors decide to make their profits.
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A strong profit -shaped offer may mean that there is upcoming sales pressure, because investors seek to secure their earnings.
This phenomenon could cause a consolidation of the market or even a correction in the short term. However, this situation is not necessarily negative. If there request remains solidthe indicator may also point out that the market is strong enough to support the sales pressure without collapsing.
The real sales pressure is not exerted by whales or the old ones, but by retailers, medium -sized cohorts (from shrimps to sharks) and short -term actions holders – a conventional upheaval
Cryptocurrency
THE continuous increases in the offer in profit Indicate a healthy dynamic in the market, but they must be closely monitored. A saturation From the indicator, as seen in the past, could point out that the market has reached a point where the sale becomes more likely, which can cause correction or stabilization.
Can the current situation: can bitcoin maintain its momentum?
The price of bitcoin remains above $ 94,800 After briefly crossing the $ 95,000. This stability despite a high percentage of “supply in profit” suggests that demand continues to support the price. However, the question remains: can the BTC continue to rise without a massive profits? The previous phases of euphoria have shown that quick sale by investors in profit can sometimes slow the market.
After Glassnodthe “supply in profit” indicator has often reached high levels before a correctionbut has never extended the threshold of 90% which traditionally signals a phase of euphoria. If Bitcoin manages to Maintain a high “supply in profit” Without a massive sale, it could prolong your rally.
Otherwise, he could enter a phase of consolidation Before starting up.
Investors must be aware that The selling pressure Can manifest itself at any time, especially if the indicator continues to increase. However, as long as demand remains strong, bitcoin could avoid a significant fall, which is a good sign for its short -term future.
The passage of Bitcoin above $ 90,000 marked a key step. But with 87% of its offer in profitthe question remains: does the correction arrive? The BTC could see an additional peak if the request remains strong, but The “Supply in Profit” indicator Recalls that profits could be imminent. The market remains tense, but promising.
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