Trading Crypto Guide
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We believe in technical analysis and fundamental analysis. We always try to give best analysis based on charts and upcoming events. Always do your own research. Educational stuff only.

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#Bitcoin #NUPL (Net Unrealized Profit/ Loss) dipped into the blue zone. First time since the COVID crash. Market Bottomed out at that time so, this can be the indication that we're going to potentially bottomed out in #Bitcoin.
This is the graph of #NUPL (Net Unrealised Profit/ Loss), the data shows the value slides above the 0, which shows the investor and hodlers just moving into the profit area. We already saw this happening earlier, in May, July, September of 2022, this could he the same, so be alert on our mentioned levels.

What's is #NUPL Data ?

Net Unrealized Profit and Loss (NUPL) is the difference between market cap and realized cap divided by market cap.

Assuming that the latest coin movement is the result of a purchase, NUPL indicates the total amount of profit/loss in all the coins represented as a ratio.

It could be interpreted as the ratio of investors who are in profit.

Values over '0' indicate investors are in profit and an increasing trend in value means more investors are beginning to be in profit.

This phase indicates the increasing reason to take profit which leads to an increase in sell pressure.
Net Unrealized #Profit/ #Loss Ratio (#NUPL) shows that the recent rally has launched the spot price of #Bitcoin above the average acquisition price of the wider market. This puts the market back into a regime of #unrealized profit, where the average #hodler is back in the green.
What's is #NUPL (Net Unrealized Profit/Loss) ?

NUPL (Net Unrealized Profit/Loss) looks at the difference between Unrealized Profit and Unrealized Loss to determine whether the network as a whole is currently in a state of profit or loss. Net Unrealized Profit and Loss (#NUPL) is the difference between market cap and realized cap divided by market cap.

Assuming that the latest #coin movement is the result of a purchase, #NUPL indicates the total amount of profit/loss in all the coins represented as a ratio.

It could be interpreted as the #ratio of investors who are in profit.

Values over '0' indicate investors are in #profit and an increasing trend in value means more #investors are beginning to be in #profit.

This phase indicates the increasing reason to take #profit which leads to an increase in sell pressure.
The current #NUPL value of 0.29 is positioned towards the lower range of the equilibrium phase, a zone that has been observed during 37.5% of all #Bitcoin trading days. This particular zone was initially reached in early #March 2023 and remained consistent for approximately 16 months in the previous two #cycles.

#NUPL breaking below 0.25 would indicate that market profitability has declined back into the #Capitulation and Recovery phase, and may suggest weakness.
What's is #NUPL (Net Unrealized Profit/Loss) ?

NUPL (Net Unrealized Profit/Loss) looks at the difference between Unrealized Profit and Unrealized Loss to determine whether the network as a whole is currently in a state of profit or loss. Net Unrealized Profit and Loss (#NUPL) is the difference between market cap and realized cap divided by market cap.

Assuming that the latest #coin movement is the result of a purchase, #NUPL indicates the total amount of profit/loss in all the coins represented as a ratio.

It could be interpreted as the #ratio of investors who are in profit.

To make it Simpler for you, Any Values over '0' indicate investors are in #profit and an increasing trend in value means more #investors are beginning to be in #profit.

This phase indicates the increasing reason to take #profit which leads to an increase in sell pressure.
#STH-#NUPL has crossed above 0.25 for the first time since the Nov-2021 #ATH.

This suggests both a degree of optimistic market sentiment is creeping in for #ETH but is also a level where markets tend to take a pause and digest profit taking distribution pressure. Historically, this type of sentiment shift for short-term holders has coincided with local peaks during a macro uptrend.
What's is #NUPL (Net Unrealized Profit/Loss) ?

NUPL (Net Unrealized Profit/Loss) looks at the difference between Unrealized Profit and Unrealized Loss to determine whether the network as a whole is currently in a state of profit or loss. Net Unrealized Profit and Loss (#NUPL) is the difference between market cap and realized cap divided by market cap.

Assuming that the latest #coin movement is the result of a purchase, #NUPL indicates the total amount of profit/loss in all the coins represented as a ratio.

It could be interpreted as the #ratio of investors who are in profit.

To make it Simpler for you, Any Values over '0' indicate investors are in #profit and an increasing trend in value means more #investors are beginning to be in #profit.

This phase indicates the increasing reason to take #profit which leads to an increase in sell pressure.
What's is #NUPL (Net Unrealized Profit/Loss) ?

NUPL (Net Unrealized Profit/Loss) looks at the difference between Unrealized Profit and Unrealized Loss to determine whether the network as a whole is currently in a state of profit or loss. Net Unrealized Profit and Loss (#NUPL) is the difference between market cap and realized cap divided by market cap.

Assuming that the latest #coin movement is the result of a purchase, #NUPL indicates the total amount of profit/loss in all the coins represented as a ratio.

It could be interpreted as the #ratio of investors who are in profit.

To make it Simpler for you, Any Values over '0' indicate investors are in #profit and an increasing trend in value means more #investors are beginning to be in #profit.

This phase indicates the increasing reason to take #profit which leads to an increase in sell pressure.