#CanadaSOLETFLaunch The risks of the cryptocurrency market remain high amid Bitcoin's withdrawal

Cryptocurrency analysts revealed that the risks of the cryptocurrency market remain high despite the decline in Bitcoin prices. On-chain data analysts also noted that only 24% of the circulating supply in $BTC

BTC

84,056.01

-1.13%

is at an unrealized loss.

The analyst indicated that the unrealized loss reflects historical corrections in the early stage rather than a continuous decline. He also stated that the lack of widespread realization of losses suggests that the market has not yet entered a re-accumulation phase.

Market risks remain high despite the decline in Bitcoin's price

The on-chain data analyst also suggested that investors need to stay alert and monitor how the market structure evolves due to current supply dynamics and low unrealized losses. He also urges market participants to allow price action and investor behavior to confirm the directional bias before making allocation decisions.

#NewsAboutCrypto

#newsdaily Important reminder:

Meme coins often lack real technical utility and are inflated by media hype and community. Therefore:

✔️ Their profits can be huge.

❌ But they are also high-risk.