[CryptoQuant Analyst: Bitcoin Market May Have Completed a Significant Cleanup] On January 6, CryptoQuant analyst Darkfost stated that Bitcoin has recently rebounded, but realized losses still dominate. Data shows that weekly realized profits amount to $312 million, while losses reach $511 million. Some investors have chosen to cut losses and exit the market. Historically, similar capitulation sell-off phases often mark the end of adjustment cycles. The current level of capitulation is close to that of the previous bear market, which may indicate that the market has completed a significant cleanup.