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The BTC profit and loss ratio is at an average level, with a lower risk of market overheating.
[Coin World] CryptoQuant analysts state that "The realized profit-loss ratio of BTC remains around the average level. In this structure, when the market is overheated, the risk of a sharp trend reversal is significantly lower than during periods of peak profit and loss."
"Bitcoin is on the move! 🚀💰 With a current price of $118,884.54 and a market cap of $2.35 trillion, it's no wonder investors are keeping a close eye on this cryptocurrency. 👀 Some predictions suggest Bitcoin could reach new heights, while others warn of potential price swings due to looming inflation data. 📊💸 What do you think?