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Analysts: Bitcoin's profitable supply share has fallen to 55%, a bearish signal in the short term.
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CryptoQuant analyst Darkfost wrote on the X platform that Bitcoin has fallen 12.5% in the past week, and the percentage of supply holding profits has dropped to 55%, a significantly low level. Historically, bear markets have pushed this indicator below 50%, meaning that the market is dominated by those not yet realizing losses. This indicator reached 53% in February of this year, and at the current rate, the 50% threshold is about to be broken. Darkfost stated that while this is a bearish signal in the short term, such periods have historically presented profit opportunities for long-term investors.