Glassnode: The realized profit and loss ratio of Bitcoin has dropped to approximately 1.5. If it falls below 1, it could trigger capitulation selling. According to data from Glassnode, the realized profit and loss ratio of Bitcoin has been steadily declining, currently around 1.5, and is gradually approaching 1, reflecting a significant contraction in market liquidity. Historically, once this indicator consistently falls below 1, it often enters a "loss greater than profit" phase, usually accompanied by broader sell-offs, and market sentiment will face further tests. Exercise caution and observe closely!#比特币 #BTC #Glassnode
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Glassnode: The realized profit and loss ratio of Bitcoin has dropped to approximately 1.5. If it falls below 1, it could trigger capitulation selling. According to data from Glassnode, the realized profit and loss ratio of Bitcoin has been steadily declining, currently around 1.5, and is gradually approaching 1, reflecting a significant contraction in market liquidity. Historically, once this indicator consistently falls below 1, it often enters a "loss greater than profit" phase, usually accompanied by broader sell-offs, and market sentiment will face further tests. Exercise caution and observe closely!#比特币 #BTC #Glassnode