#BTC Realized Profits Stay Steady, No Market Top in Sight.
Unlike the Q4 2024 profit-taking spike that screamed cycle peak, current levels are calm & calculated.
Only 8% of
$BTC moved recently shows profit-taking, per signaling selective sales, not mass distribution.
Over 72% of supply (14.37M BTC) remains illiquid, reflecting strong HODL conviction.
STH-MVRV hovers near 1.0, a sign of balanced investor sentiment, not euphoria.
Uptrend stays intact, but short-term volatility is likely with 3% SOPR spikes. No macro top, no seasonal sell-off pressure. Keep calm and Hold on..
#Gate Alpha