$BTC What the hell, take a look at this—BTC’s profit data has already shown the same signal as the early 2023 period, indicating that the bear market may be nearing its end. The CEO of CryptoQuant said this metric is exactly the same as the 2023 recovery pattern. Sigh, buddy, just look at this data—professionals are already saying the bear market is about to be over. Isn’t this a market turning-point signal? But then again, having the indicator doesn’t mean the price action will immediately take off. We’ve seen this playbook before—stay steady with your positions first, and only consider going long when market sentiment catches up. Don’t get carried away and jump in just because you hear a bit of news. (via cointelegraph)
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