#SpotVSFuturesStrategy
✅ Realized Profits Surpass Previous Cycle
During the 2020–2022 bull market, Bitcoin investors locked in roughly $550 billion in profits through several rallies.
In the current cycle, realized profits have already climbed higher, reaching $650 billion, signaling a more intense and lucrative period so far.
Recently, the market has entered a cool-down phase following the third significant wave of profit-taking.
Realized profits are beginning to slow down, indicating that although substantial gains have been achieved, bullish momentum is starting to fade.
It’s crucial to watch market structure and trading volumes, as this cooling period often sets the stage for the next major move in the market.