🔥 Glassnode - The current market has entered the "loss-cutting" phase

According to Glassnode, the Realized Profit/Loss Ratio (SMA 90D) has just fallen below 1 → the amount of realized loss is currently dominating realized profit.

🖤 History shows that each time it breaks below 1, this state often lasts for over 6 months before returning to a growth trend.

🖤 When it returns above 1, it is usually a signal of liquidity returning and the market recovering.

Everywhere you look is bearish 🥲

#creatorpadvn $BNB @Binance_Vietnam