ETHEREUM_MERGE Telegram 4135
📊 #BTC Realized Profit Still Calm — No Signs of a Market Top

Unlike Q4 2024, when realized profit-taking spiked into a clear cycle peak, current profit levels remain moderate — with no macro top, no seasonal pressure.

- Selective profit-taking, not distribution
- Strong investor conviction
- Trend remains intact — but expect short-term volatility

Market participants aren’t acting like this is the top.



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📊 #BTC Realized Profit Still Calm — No Signs of a Market Top

Unlike Q4 2024, when realized profit-taking spiked into a clear cycle peak, current profit levels remain moderate — with no macro top, no seasonal pressure.

- Selective profit-taking, not distribution
- Strong investor conviction
- Trend remains intact — but expect short-term volatility

Market participants aren’t acting like this is the top.

BY Ethereum Merge




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