Glassnode: The realized profit and loss ratio of Bitcoin has dropped to approximately 1.5. If it falls below 1, it could trigger capitulation selling. According to data from Glassnode, the realized profit and loss ratio of Bitcoin has been steadily declining, currently around 1.5, and is gradually approaching 1, reflecting a significant contraction in market liquidity. Historically, once this indicator consistently falls below 1, it often enters a "loss greater than profit" phase, usually accompanied by broader sell-offs, and market sentiment will face further tests. Exercise caution and observe closely!#比特币 #BTC #Glassnode

BTC-3.81%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)