According to The Block, CryptoQuant indicates that the recent rebound of Bitcoin shows signs of increased profit-taking risk. Bitcoin once surged above $76,000 but then fell back to around $74,800, testing a key bearish resistance level at approximately $76,800 based on on-chain realized prices. Historically, this range often triggers selling pressure due to holdings approaching break-even. CryptoQuant pointed out that if this resistance holds, around $67,600 could become a short-term major support. CryptoQuant also stated that as prices rise, exchange inflows have significantly increased, with hourly inflows reaching about 11,000 BTC, the highest since December 2025.
According to The Block, CryptoQuant indicates that the recent rebound of Bitcoin shows signs of increased profit-taking risk. Bitcoin once surged above $76,000 but then fell back to around $74,800, testing a key bearish resistance level at approximately $76,800 based on on-chain realized prices. Historically, this range often triggers selling pressure due to holdings approaching break-even. CryptoQuant pointed out that if this resistance holds, around $67,600 could become a short-term major support. CryptoQuant also stated that as prices rise, exchange inflows have significantly increased, with hourly inflows reaching about 11,000 BTC, the highest since December 2025.