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 in unrealized loss.

The analyst pointed out that unrealized loss reflects historical corrections in the early phase rather than a continuous decline. He also stated that the lack of widespread realization of losses indicates 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 the need for investors to stay on the sidelines and monitor the market structure as it 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.

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Important reminder:

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

✔️ Their profits can be massive.

❌ But they are also high risk.