CryptoQuant analyst: Bitcoin's actual profit and loss ratio remains near the average level
according to CryptoQuant analyst @AxelAdlerJr, although Bitcoin (BTC) has risen to an all-time high (ATH), the actual profit-loss ratio is still maintained near the average level. In this case, compared to the peak profit-loss ratio in the past and when the market was overheated, the risk of a significant trend reversal has significantly decreased.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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