CryptoQuant analyst: Bitcoin's actual profit loss ratio remains near the average level

According to a report by Golden Finance, CryptoQuant analyst @ AxelAdlerJr released a chart stating that although Bitcoin (BTC) has reached a historic high (ATH), the actual profit to loss ratio remains near the average level. In this situation, the risk of a significant trend reversal is significantly reduced compared to when the profit to loss ratio was at its peak and the market was overheated in the past.