Immediate Correction?
The profit margin of #bitcoin is reaching 21-month highs and is triggering profit-taking alarms
Even though the close of #BTC above its 365-day moving average and a Bitcoin Bull Score of 90/100 confirm a bullish market, the momentum that pushed the price to $87,400 is showing severe signs of short-term fatigue.
Profit margins in a critical zone: The unrealized profit margin for short-term traders has surged to roughly 33%, marking the highest level recorded since December 2024. This scenario encouraged the largest profit-taking in a single day of all 2026, with 25,700 BTC liquidated on September 22.
Cross-Sell Alert in #altcoins : Exhaustion signals aren’t limited to Bitcoin. Altcoin deposits on exchanges reached levels not seen since October 2025, with 76,000 inbound transactions in a week from 51,000 different addresses, confirming a clear intent for broad-based liquidation by investors.
Sharp slowdown in demand: Appetite for the asset is cooling off rapidly. Spot demand fell by 170,000 BTC over the last 30 days, while speculative volume in the futures market collapsed from 164,000 BTC to just 16,000 BTC in only two weeks.
Key support zones: Julio Moreno, head of research at CryptoQuant, describes the expected pullback as "healthy consolidation" within the macro trend. The technical levels to watch to stop the decline are $80,000 (365-day moving average), $71,000 (200-day moving average), and $67,000 (on-chain realized price).
#CryptoNews #analysis
$BTC
$XRP
$HYPE
The profit margin of #bitcoin is reaching 21-month highs and is triggering profit-taking alarms
Even though the close of #BTC above its 365-day moving average and a Bitcoin Bull Score of 90/100 confirm a bullish market, the momentum that pushed the price to $87,400 is showing severe signs of short-term fatigue.
Profit margins in a critical zone: The unrealized profit margin for short-term traders has surged to roughly 33%, marking the highest level recorded since December 2024. This scenario encouraged the largest profit-taking in a single day of all 2026, with 25,700 BTC liquidated on September 22.
Cross-Sell Alert in #altcoins : Exhaustion signals aren’t limited to Bitcoin. Altcoin deposits on exchanges reached levels not seen since October 2025, with 76,000 inbound transactions in a week from 51,000 different addresses, confirming a clear intent for broad-based liquidation by investors.
Sharp slowdown in demand: Appetite for the asset is cooling off rapidly. Spot demand fell by 170,000 BTC over the last 30 days, while speculative volume in the futures market collapsed from 164,000 BTC to just 16,000 BTC in only two weeks.
Key support zones: Julio Moreno, head of research at CryptoQuant, describes the expected pullback as "healthy consolidation" within the macro trend. The technical levels to watch to stop the decline are $80,000 (365-day moving average), $71,000 (200-day moving average), and $67,000 (on-chain realized price).
#CryptoNews #analysis
$BTC
$XRP
$HYPE
