Glassnode: Bitcoin's realized profit and loss ratio has dropped to approximately 1.5. If it falls below 1, it could trigger capitulation selling.

BTC5,22%

PANews February 4 News, according to glassnode, Bitcoin’s realized profit and loss ratio (90-day simple moving average) has been on a continuous downward trend (currently around 1.5), gradually approaching 1, reflecting increasingly depleted market liquidity conditions. Historically, if this indicator continues to fall below 1, it is usually accompanied by widespread capitulation selling—that is, the realized losses across the entire market will exceed the profit-taking behavior.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BTC Breaks Through $74,000: In-Depth Analysis — Middle East Tensions Ease, Short Squeezes, and Market Structure Reshaping

BTC breaks through $74,000, reaching the highest level since the outbreak of the Iran war; short sellers are liquidated in a single day totaling $427 million. How did expectations for U.S.-Iran negotiations trigger this round of gains?

GateInstantTrends2m ago

Foundry Launches Zcash Mining Pool Alongside Industry-Leading Bitcoin Pool

Foundry Digital launched its Zcash mining pool, capturing 29% of the network's hashrate shortly after its announcement. They also introduced Zcashinfo.com, a block explorer for transaction tracking, further enhancing infrastructure for the Zcash ecosystem.

Decrypt25m ago

Yesterday, Bitcoin spot ETFs had net outflows of $291 million, and Fidelity's FBTC had net outflows of $229 million

On April 13, Bitcoin spot ETF total net outflows were $291 million, BlackRock’s IBIT had net inflows of $34.7012 million, Bitwise’s BITB had net inflows of $11.8758 million, and Fidelity’s FBTC had net outflows of $229 million. Total spot ETF assets net asset value was $94.51B, and the net asset ratio was 6.45%.

GateNews1h ago
Comment
0/400
No comments