Crypto界网 reports that on March 11, the crypto analysis firm Glassnode stated that the 90-day realized profit and loss ratio (90D-SMA) for Bitcoin has been below 1 since February 21, maintaining an overall state of excess loss realization. Historically, falling below 1 usually lasts for more than 6 months before recovering, and once a rebound occurs, market liquidity will return.

BTC0.54%
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