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Analysis: Despite the market recovering, some investors still choose to exit with a stop-loss, indicating that the market may have already undergone a significant "sell-off."
BlockBeats News, January 6th, CryptoQuant analyst Darkfost stated, "Despite the recent rebound of Bitcoin, realized losses still dominate. Looking at the average situation of weekly realized P&L: realized profits amount to $312 million; realized losses amount to $511 million.
Despite the warming market, some investors still choose to stop-loss and realize losses. Historically, this kind of surrendering sell-off phase often marks the end of a round of correction cycle.
However, attention still needs to be paid to the intensity of this round of surrender: its level is approaching that of the previous bear market period, which may indicate that the market has completed a more substantial 'clearance,' creating conditions for restarting the market on a healthier basis."
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