Deep Tide TechFlow message: On July 24, according to Cointelegraph, CryptoQuant data shows that Bitcoin’s Supply in Profit has risen to 57.5%, up sharply from the 46.2% low on June 30, 2026, and it is currently nearing 60%. However, the current trend is still not enough to confirm that a new bull market has already begun. The market still faces a risk of another pullback. Although the share of Bitcoin’s profitable supply is improving, the market needs further confirmation of long-term holder behavior and changes in profit structure to determine whether the current rebound is truly turning into a new upward cycle.