CryptoQuant analysts have reported high risks in the cryptocurrency market, despite the recent decline in Bitcoin prices. Currently, only 24% of BTC's circulating supply is in unrealized loss.
High Risks in the Cryptocurrency Market
Analysts note that the unrealized loss level is only 24% of BTC's circulating supply, which is a relatively low figure. This historically relates to early-stage corrections rather than total capitulation. One analyst pointed out that 'the lack of widespread loss realization suggests that the market has not yet entered a high-conviction re-accumulation phase.'
Current Demand Dynamics
Other data shows that Bitcoin demand indicators are starting to record positive figures, although the overall market structure still requires confirmation of sustainable trends. Key indicators are gradually improving; however, it is essential to avoid hasty conclusions about a possible trend reversal.
Decline in Selling Pressure
According to data, the overall pressure from short-term Bitcoin holders is decreasing. The metrics show that average realized prices for such holders stand at around $92,800, indicating that many sellers are exiting at losses. The trend of declining inflows may also contribute to enhanced market stability.
Currently, the cryptocurrency market remains under high risk despite gradual improvements in some indicators. Investors are advised to closely monitor the dynamics before making investment decisions.
