The crypto market is currently showing a negative trend, but there is hope for BTC. NUPL (Net Unrealized Profit/Loss) analysis shows two key areas:
- NUPL above 0.6 (blue signal) indicates an opportunity to take profits.
- NUPL below -0.3 (yellow signal) indicates a potential capitulation.
Currently, old whales tend to hold their assets, while new whales are buying aggressively. NUPL is moving away from the profit-taking zone, indicating a potential increase in the price of BTC in the future.