🔥 Analyst: The profit-taking scale during this Bitcoin rebound is limited, and market sentiment is stabilizing

On-chain analyst Murphy stated that during this Bitcoin rebound to $71,000–$72,000, the average realized profit over the past 24 hours was approximately $18.79 million, which is lower than the profit-taking scale in previous rebounds. Short-term holders recorded an average realized loss of about $6.06 million over the past 24 hours, at a recent low. Market investors’ sentiment is gradually stabilizing; when prices rebound, profit-taking orders are not rushing to cash in gains, and loss positions are unwilling to stop losses easily, indicating expectations for more upside rebound potential. The analyst reminds that indicators show a need to repair overbought conditions and divergence, with limited short-term opportunities, so traders should proceed with caution.
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