【Data Revelation】The Truth Behind Bitcoin Selling Pressure: Profit-taking Dominates Sales, Loss-making Investors Stand by and Watch, Concerns Remain on the Road to Upside.

CryptoQuant Analyst Axel's latest data shows that approximately 35,400 bitcoins in profit status flowed into exchanges in the past 24 hours, setting a new high in nearly two months, while the outflow of loss-making coins was only about 4,600, with a profit outflow to loss outflow ratio as high as 7.5:1.

Axel points out that this indicates the current market selling pressure is primarily driven by profit-taking rather than panic selling. Investors who bought in the $85,000 to $92,000 range are locking in profits as prices rebound near their cost line.

The analyst further stated that this profit-driven selling pressure is a relatively healthy adjustment in the market structure. However, if the profit-loss ratio reverses in the future, with loss-induced selling becoming dominant, bearish sentiment may significantly intensify. Currently, prices are testing the cost-intensive area and continue to face supply pressure from profit-taking coins during the upward process.

The market is brewing direction in silence, and the real test may still lie ahead. #美国核心CPI低于预期 #Strategy增持比特币 #币安上线币安人生