[Analysis] "Bitcoin, 99% of Unspent Balance in Profit... Potential for Adjustment"

Uk Jin

Summary

It was reported that 99% of Bitcoin's unspent balance is in a profit state.
This situation could bring a profit-taking opportunity to the market and indicates potential for adjustment.
However, it was explained that investors are not aggressive due to the lack of an overheated state and economic and policy uncertainties.

An analysis has emerged that Bitcoin (BTC) may enter an adjustment phase.

On the 27th (Korean time), a contributor to Dark Post CryptoQuant reported that "99% of Bitcoin's total Unspent Transaction Outputs (UTXO) are in a profit state," indicating "a significant profit-taking opportunity in the market."

He added, "When the profit ratio of UTXO is high, the market has often entered an adjustment phase."

However, Dark Post also suggested that there might not be an adjustment phase. He explained, "The current situation is not overheated," and "investors are not making aggressive investments due to the overall economic situation and the uncertain policy direction of the Donald Trump administration."

BTC