🎉Good news! According to Glassnode's analysis, Bitcoin prices are still in a bull market phase, and although they have fallen back after entering the frenzy range, the real market average is $50,000, which is the average cost basis for each active investor. 🚀If we expect the macro bull market to continue, this level is the key price level that the market needs to stay above.

🔥In addition, Bitcoin's unrealized profits indicate that the market may be overheated, and this value is currently $92,000. The break-even level for the short-term holder group is $64,000, and although the spot price is currently below this level, it is trying to recover.

🧐It is worth noting that only 7% of trading days recorded spot prices below the -1 standard deviation band, making it a relatively rare situation. This is exciting news, let's pay attention to the future trend of Bitcoin together! 💪