CryptoQuant: Bitcoin's profitable supply remains high in the current cycle, which may indicate that the bull market will continue

According to Foresight News, CryptoQuant said that in the current bull market cycle, Bitcoin's profitable supply has remained above 80% most of the time. Looking back at past cycles, Bitcoin's profitable supply has mostly remained above 80%. Although the indicator has been briefly pushed below 80% several times in recent summer, these moments often become buying opportunities. This phenomenon may indicate that despite some recent market adjustments, Bitcoin holders as a whole are still in a profitable state, which may provide support for the subsequent market trend.