The hidden significance behind Bitcoin's price adjustment! On-chain data shows a sharp decline in unrealized profit margins, and the support level for the bull market has emerged! According to CryptoQuant's research director Julio Moreno, amidst Bitcoin's ongoing adjustment, traders' on-chain unrealized profit margins (purple area) have significantly declined. This indicates that current market investor sentiment is becoming cautious, and the pressure to take profits is increasing. Nevertheless, the price range above $100,000 still appears healthy, showcasing Bitcoin's strong support. What’s more interesting is that the current realized price (pink line) is $88,000, a price range that previously touched $93,000 near the market peak. This raises the question of whether the current adjustment is merely a temporary consolidation or a prelude to a new rebound. For market participants, price fluctuations and on-chain signals are crucial. What do you think about the current adjustment? Is this adjustment a new buying opportunity, or should we remain cautious? In this wave of volatility, can we see Bitcoin rise again? Share your thoughts in the comments! Don't forget to follow Lao Lin for the latest trends in the cryptocurrency market, keeping you at the forefront of the market! #加密市场回调 #DeFAI热点 #市场调整策略 #本轮牛市周期预期 #特朗普上台概念币有哪些？