$BTC $ETH $BNB

While everyone was waiting for the new peak, deep data (On-Chain Data) from CryptoQuant began to reveal a bitter truth: investors have started to give up, and the red has begun to dominate the profit and loss books for the first time in two years.

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๐Ÿ“Š The numbers don't lie: Analyzing the current bleed

The latest data shows a fundamental shift in market behavior, and here are the reasons why professionals are on high alert:

โ€‹Escaping with a loss: Since last December, realized losses of nearly 69,000 Bitcoin have been recorded, totaling nearly $6.1 billion. This means investors are selling at a loss out of fear of worse.

โ€‹Profit fading: After profits peaked in January 2024, they began recording lower highs throughout 2025, and have now slipped into the "negative zone" for the first time since October 2023.

โ€‹Net profits: decreased to 2.5 million Bitcoin, which exactly matches the levels of March 2022.. Remember what happened after that date! ๐Ÿ“‰๐Ÿ”ฅ

โ€‹๐Ÿ” Why is this pattern dangerous? (Dรฉjร  vu 2021-2022)

โ€‹We are currently witnessing a "geometric match" with the market movement that preceded the major crash in 2022:

โ€‹Gradual transition from excessive rise to recording consecutive losses.

โ€‹Loss of confidence in the current "bottom", leading to forced selling (Panic Sell).

โ€‹Erosion of liquidity that supported prices at the peaks.

โ€‹๐Ÿ’ก Vision @tokey: How to act now?

โ€‹The market does not move by emotions, but by numbers. If you are one of our followers, you need to be cautious:

โ€‹Avoid stubbornness: Do not resist the trend if negativity is confirmed.

โ€‹Watch the "net realized profit": A return of this indicator to positive territory is the only signal that danger has ended.

โ€‹Cash is king: In the transition stages toward a "bear market", maintaining liquidity is more important than chasing trades.

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โ€‹๐Ÿ’ก Summary:

โ€‹History may not repeat itself literally, but it "resembles" it a lot. We are now facing a clear bear market signal that hasn't occurred in years. Is it just a temporary "jolt" or the beginning of a long winter? The coming days will decide.

โ€‹#ุจูŠุชูƒูˆูŠู† #ุงู„ุจูŠุฑ_ู…ุงุฑูƒุช #CryptoQuant #ุงู„ุนู…ู„ุงุช_ุงู„ุฑู‚ู…ูŠุฉ #ูƒุฑูŠุจุชูˆ