According to Glassnode’s Bitcoin risk assessment:
⚫️Over 90% of BTC holders are profitable, signaling potential market demand exhaustion and increased rollback risk
⚫️Demand for BTC block space is growing
⚫️Over 90% of new investors are profitable, indicating high risk, with a recent downward trend
⚫️Transition from speculative ETF peaks to cautious trading suggests weakening profit-taking
⚫️Long-term holders face high risk with substantial unrealized profits, despite a steady trend over the last 7 days, signaling an early bull market stage