Here we go again.

On-chain indicators are flashing bullish signs simultaneously.

$BTC is maintaining a bullish trend after breaking through the On-Chain Trader Realized Price.

Per CryptoQuant analysts, the On-Chain Trader Profit/Loss Margin is now at 15.83%, and the uptrend is still holding steady.

Above 40% confirms a bull market on this indicator.

Cycle tops usually form above 70%.

But this cycle has not even crossed 70% yet.

In other words, the real bullish rally has not even happened.
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