According to Cryptofrontnews, Bitcoin's bull market remains intact, but analysts warn of short-term overheating risks due to elevated supply in profit and liquidation pressures. The Supply in Profit metric has dropped to 91% from nearly 100% after recent highs, nearing the +1 standard deviation band, historically linked to euphoric market conditions. CryptoQuant analyst Yonsei_dent noted that corrections near the +0.4 SD band often create attractive buy zones. Meanwhile, Axel Adler Jr highlighted ongoing long wipeouts with net liquidations near −$40 million, though no cascade risk is currently present. Liquidation data and market volatility since late 2023 suggest a mixed outlook, with Bitcoin showing resilience above $100,000 despite persistent challenges.
Bitcoin Faces Overheating Risks Amid Bull Market Amid Elevated Supply and Liquidation Metrics
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