🔍🔍🔍 Bitcoin Is Starting to See Stop-Loss Pressure 🚹

For the first time since October 2023, Net Realized Profit has turned negative, indicating that investors have begun selling BTC at a loss.

In just over one month, an estimated 69,000 BTC has been sold at prices below their cost basis.

Notably, realized profits have been weakening since early 2024, consistently forming lower highs, even while spot prices previously remained at elevated levels.

âžĄïž This suggests that buying pressure is no longer strong enough to sustain the uptrend ‌ #BTC