95% of Bitcoin addresses are profitable, and bullish sentiment is accelerating!
According to IntoTheBlock data, market sentiment is currently high, and 95% of Bitcoin addresses have achieved profitability. This amazing data has injected strong confidence into the current market sentiment, and both long-term holders and short-term speculators are enjoying this wave of profits.
But the question is: how will the market develop after the profit climax? Behind high profit rates, there is often potential adjustment pressure. As more and more investors are in a profitable state, some people may choose to take profits, causing short-term fluctuations. On the other hand, 95% of profits may also attract more new capital to enter the market, pushing Bitcoin prices further up.
The flames of the bull market are burning more and more, but investors need to stay calm and be wary of market fluctuations! Seize opportunities, but also plan to deal with possible pullbacks!
