CryptoQuant report: Bitcoin rally may pause for 'healthy correction' as short-term holders' unrealized profit hits 33%, highest since Dec 2024
A new report from data analytics firm CryptoQuant indicates that while Bitcoin remains in a bull market, it faces a potential 'healthy correction'. This is primarily due to short-term traders, who hold coins for one to three months, sitting on an average unrealized profit of about 33%, the highest since December 2024. The firm noted that last week, holders realized 25.7K BTC in profit, marking the largest single day of 2026, one day after Bitcoin's price surged to an eight-month high of $87,251. Bitcoin's price recently stood at $82,939, down nearly 4% over a seven-day period. CryptoQuant identified three potential support levels for a correction: the 365-day moving average at about $80,000, the 200-day moving average at about $71,000, and traders’ on-chain realized price at about $67,000.
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