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🔥CryptoQuant: On-chain Bitcoin indicators show increased selling pressure, and profit-taking risks are rising
According to The Block, CryptoQuant research director Julio Moreno stated on Wednesday that Bitcoin's recent rally is facing a gradually rising risk of profit-taking, with multiple on-chain indicators showing increasing selling pressure. Currently, Bitcoin's price has slightly retreated but is testing the on-chain "realized price" of $76,800 for traders. This level is considered an important bear market resistance level, often limiting rebound space in the past because holders near break-even are more inclined to sell for profits, thereby suppressing further gains. Moreno pointed out: "This price range precisely suppressed price increases during the bear market rebound in January 2026, and…
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