星球日报
星球日报|May 08, 2026 22:34
[CryptoQuant: Bitcoin May Continue to See Profit-Taking, 'Bear Market Rally' Not Over Yet] Odaily Planet Daily News - On-chain analytics firm CryptoQuant stated that with the recent price increase, profit-taking behavior in the Bitcoin market may further intensify. Data shows that Bitcoin has risen over 20% since early April, but the firm still defines this trend as a 'bear market rally.' Currently, the short-term holder profitability indicator remains above 1, indicating that the market has been in a sustained profit realization phase since mid-April. Analysts believe that although selling pressure is increasing, a price correction may still take time to materialize.
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