The profit/loss margin for traders has soared to an impressive +21%, marking a robust recovery from last month’s steep -19% decline. Here, traders are identified as those holding Bitcoin for 1 to 3 months, and they’ve now firmly returned to profitable territory.
In just one month, their profit/loss margin has shifted dramatically from -19% to +21%, with the 30-day simple moving average (SMA) now hovering at a healthy +9%.
Following the recent correction, the realized price for this group has settled at $84,600 after a decline, indicating heightened activity among these traders during the price dip—a sign of strategic repositioning.
This development paints a bullish picture, provided the market avoids overheating, which we define as the 30-day SMA surpassing the +40% threshold.
Currently at a +21% unrealized profit, we’re still well below the critical +40% zone. However, traders may soon feel inclined to lock in partial gains as we approach this pivotal phase.