Glassnode: Bitcoin's profit pressure ratio rose to 0.23, the highest level since September last year

Odaily Planet Daily News According to Glassnode, the Bitcoin profitability stress ratio has now reached 0.23, the highest level since September last year. This indicator is used to measure the relative size of the supply in a loss-making state, reflecting the market pressure situation. From historical data, the level of this indicator exceeding 0.2 usually marks a period of increased market pressure. If the value continues to rise, it may indicate a further increase in market pressure, potentially reinforcing a broader shift in market sentiment.