Currently, Bitcoin’s unrealized profit ratio is around 1.2, with a price of nearly 100k. This suggests that the uptrend could continue in the short term.

Compared to March, when the ratio was close to 2 before falling due to whales taking profits, whales are currently holding positions to maximize profits.

Monitoring the unrealized profit ratio helps gauge how hot the market is, and it seems that there is still room for a positive trend.