$BTC at a Critical Inflection Point: Profit Euphoria vs Capitulation Shock

Net Realized Profit/Loss is flashing a high tension signal right at elevated price structure

Realized profits recently surged toward extreme historical bands, echoing prior late cycle distribution phases. When green spikes expand aggressively while price grinds near highs, it typically reflects strategic profit taking rather than fresh impulsive accumulation

The latest sharp red print marks one of the deepest realized loss events since the 2022 capitulation. Such violent downside spikes historically occur during liquidity sweeps and forced leverage unwinds, not during stable consolidation⚠

Price remains structurally elevated despite this loss event, creating a critical divergence. Either strong underlying demand is absorbing supply or a delayed reaction phase is building beneath the surface

Historically, when realized losses expand after prolonged profit dominance, volatility expansion follows. The market shifts from distribution into emotional shakeout before committing to its next major directional move

This is not a calm phase. It is compression before expansion. The reaction around this zone will define whether this is a reset within strength or the early signal of a broader unwind
#CryptoZeno #MarketRebound