Bitcoin is finally showing early signs of an internal reset. On-chain profitability has compressed into a zone that historically appears during the bottom formation process, when unrealized profits are replaced by realized losses and weaker holders are shaken out.


Bottoms are rarely formed solely by price. Bottoms form when excessive optimism has been fully reset and the market begins to rebuild from a healthier foundation#SKHynixTopsKOSPIByMarketCap
BTC0.34%
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