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CryptoQuant: Bitcoin profit supply has exceeded 85%, and the market may correct when it exceeds 90%

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2025-04-29 08:37:19
On April 29th, CryptoQuant analyst Darkfost pointed out that the supply of profits in the bitcoin market has exceeded 85%, approaching the historical excitement level of 90%. The current ratio usually indicates that the market may be in a bullish phase. In the recent market correction, the supply of profits has dropped to about 75%, close to the key level, and further decline may lead to more investors choosing to take profits or panic in the market. In past bear markets, the supply of profits has dropped to a minimum of 45-50%. Historical data shows that when the supply of profits exceeds 90%, the market usually enters a short period of excitement, but a correction may follow. We are currently approaching this key level.
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