#CanadaSOLETFLaunch ๐ The current Bitcoin market shows moderate stress, with the Supply-in-Loss MVRV at 0.88 ๐. This metric indicates that loss-holding investors are underwater ๐ , but the situation hasn't reached extreme levels seen in previous bear markets ๐ป.
Key points:
- Moderate market stress is evident ๐จ, but it's not as severe as past downtrends ๐.
- Bitcoin indicators show weakness ๐, but not yet at extreme levels โ ๏ธ.
- The market is experiencing a downturn โฌ๏ธ, but it's unclear if it will worsen ๐ค.
Investors should stay informed ๐ and monitor market trends ๐ to make informed decisions ๐.$BTC