📈 Bitcoin Market Analysis: Market Enthusiastic Bull Market Stage, Where Are the Key Price Levels?
The current Bitcoin price is still in the enthusiastic bull market stage, but it quickly fell back after entering the frenzy range. Let's take a look at some key data and indicators:
Market Mean: The current real market mean of Bitcoin is $50,000, which represents the average cost basis of each active investor. If the macro bull market continues, this level is a key price level that the market needs to stay above.
Unrealized Profits: Bitcoin's unrealized profits indicate that the market may be overheated, and this value is currently $92,000.
Short-term holders' break-even: The break-even level for the short-term holder group is $64,000. Although the current spot price is below this level, it is trying to recover.
Standard Deviation Band: Only 7% of trading days record spot prices below the -1 standard deviation band, making it a relatively rare situation.
🔍 Key Observation Points:
Pay attention to whether Bitcoin can stay above $50,000. Pay attention to changes in unrealized profits and short-term holders' break-even levels. Observe whether the market price can recover the $64,000 break-even level.
The market is still changing dynamically, so stay vigilant and do a good job of risk management.
