Deep Tide TechFlow News, on May 17th, market analyst Ali posted on the X platform stating that Bitcoin has shown signs of being "overheated." Data indicates that the average realized profit rate of traders has risen to 17%, meaning a large number of investors are already in significant profit, and the potential profit-taking pressure is increasing. The last time similar conditions appeared was in March 2022, when Bitcoin tested the 200-day moving average resistance level and the average profit rate also reached 17%. Subsequently, the market formed a cyclical top and re-entered a downtrend. Currently, this historical signal has reappeared, and the market should be highly alert.

BTC-0.11%
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