Bitcoin breaks $90,000 - profits still up to $5.42 billion despite selling pressure#3370759661

Bitcoin (BTC) is currently facing some selling pressure, but its price has still broken through the $90,000 mark and has realized profits of $5.42 billion. Although the seller risk ratio has increased to 0.524%, this figure is still lower than the historical high, indicating that the selling pressure has not yet reached extreme levels.

Bitcoin's realized profits far exceed realized losses, with profits reaching $8 billion and losses only $1 billion. This shows that market sentiment is positive and investors are more likely to sell Bitcoin at profits rather than losses.

Despite the recent price correction, Bitcoin still maintains strong momentum, up nearly 4% in 24 hours. Currently, the price of Bitcoin is stable at around $91,000, with a trading volume of $84.43 billion. According to IntoTheBlock data, 307,000 addresses bought Bitcoin at an average price of about $89,200, a price range that could become support or resistance in the future.

In addition, Bitcoin's network activity has also shown strong growth, with both new and active addresses rising, indicating more user participation.

The number of active addresses has climbed to about 1.1 million, indicating that Bitcoin's network usage is still increasing.

Although the net inflow of funds to exchanges reached $128 million on November 15, suggesting that there may be more short-term selling pressure, Bitcoin's long-term outlook remains positive.

During the previous accumulation period (May to August), large-scale withdrawals indicated that institutional investors and long-term holders were driving prices higher.

In the future, Bitcoin's price may also be affected by broader economic factors, including uncertainty about regulatory policies and national debt levels.

Bitcoin's current market value is 35 times that of gold, outperforming traditional assets, which is also an important factor in its continued attraction to investors. #交易所BTC储备量创2018年以来新低 #币安注册用户突破 2.4 亿 (Early review strategy analysis of Bitcoin BTC and Ethereum ETH from Monday to Saturday, long-term recommendation of high-quality coins and live analysis)