[Analysis] "Bitcoin (BTC), Short-term Holder Profitability Decline... Adjustment Likelihood ↑"

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The profitability of short-term Bitcoin (BTC) holders has declined, raising the possibility of an adjustment.

On the 5th (local time), CryptoQuant author Crazzyblockk explained, "The profit realization indicator for short-term holders who have held Bitcoin for less than 155 days has significantly decreased. This is because Bitcoin failed to surpass the important price level after breaking through the $108,000 mark."

The author continued, "Generally, a decrease in the profitability of short-term Bitcoin holders suggests a weakening of market demand and a bearish sentiment in the medium to short term. Therefore, the current situation indicates a high possibility of a price adjustment due to decreased demand and poor performance."