Is the Bitcoin Bull Run Over? NUPL and MVRV Say Watch Out, Smart Money Is Leaving
📊 1. On-Chain Indicators âś… NUPL (Net Unrealized Profit/Loss) NUPL has pulled back from historically high levels. This suggests that most investors are still in profit, but a local top might be in. Historically, similar levels have preceded corrections (e.g., 2017, 2021).📉 Risk of a correction is elevated.   Sit back and relax, we’ll […]
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