The Non-Realized Profit metric provides valuable insights into market trends and potential movements. High Non-Realized Profits, exceeding $3.5 billion, often indicate potential selling pressure ahead. When traders hold substantial unrealized gains, the temptation to take profits increases, raising the risk of a market correction.

Conversely, Negative Non-Realized Profits, below zero, suggest that many traders are holding positions at or below their entry prices. This can signal that the market is near a bottom, offering potential buying opportunities. Currently, we are predominantly in the negative zone, which could indicate potential opportunities.

Notably, current unrealized profits have reached unprecedented levels in this cycle, suggesting that the ongoing cycle might differ from previous ones. This could lead to unique opportunities or risks. Stay alert.