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Analysts say Bitcoin volatility remains subdued, with profitable supply nearing the historical bear-to-bull market threshold of 74.7%.
Bitfinex analysts note that over 71% of Bitcoin's supply is currently in profit, approaching the historical average of 74.7%, a level that typically signals a shift from a bear market to a bull market. Glassnode analysis shows that long-term holder supply is the strongest factor explaining changes in Bitcoin's one-month realized volatility.
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Source：The Block · Source Link
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