To understand current profit realization significance, examining it cyclically reveals how market maturity shapes investor behavior. The 90-day SMA of net realized profit, normalized by market cap, shows profit-taking has grown less euphoric over time as Bitcoin matures.

Historical comparison shows declining intensity:
- 2015-2018: ~25 months, peaking above 0.4% of market cap
- 2020-2022: ~20 months, peaking around 0.15%
- Current cycle (Nov 2023): 18 months with two peaks near 0.1%

This trend suggests profit-taking remains significant but more tempered, possibly indicating a shift from boom-bust euphoria to structured capital rotation in a maturing asset class.

Here's the Analysis of #EDU :

#EDU kept on dropping lower low and might reach the listing price. Recently, price broke the bear flag pattern, which is a bearish continuation pattern and might continue drop lower. Longs are not favorable here, shorts can be taken into account.

#BTC closed another daily candle with a rejection wick and gave a bearish engulfing too. In H4 TF, its just consolidating back and forth off the zone. Nothing much clear as of now, price just respected the trendline and we need to wait for the further price action to develop.

#BTC.D UPDATE :

#BTC.D give some new higher high internally, making the altcoin suffer in pain. Index might trying to reach out the old high 65.40% and a fall can come. #BTC also not so clear due to war tensions.

Since 2015-2018, long-term holders (LTHs) have increasingly dominated profit-taking during market tops, highlighting structural market maturity where seasoned investors lead capital rotation over fast-moving speculators.
At the recent peak, LTHs realized ~$1B per day (30-day MA) versus STHs at $0.32B per day—a 3X difference confirming this profit-taking wave is led by older, higher-conviction investors rather than short-term traders.

Here's the Analysis of #ETHFI :

#ETHFI is been moving within the channel pattern and reached the support zone of $0.83 - $0.91. Short-term bounce can be expected from here but looking at the market sentiment, altcoins can see dip, so take it accordingly.

#BTC broke the trendline support and still below the resistance now. Yesterday, we didn't have rate cuts and so nothing much happened. Now as per the technical, its in a range so waiting for a breakout is necessary and fundamental can drive the market, or war situation might lead to something.

#MTL is been dropped continues and its bit slower move now. Price moved around 11% in profits, and approaching towards the major support area of $0.60 - $0.63 will be the TP area and potential reversal setups.

While current LTH profit realization at ~$1B/day seems modest versus December 2024's $1.8B peak, a deeper breakdown reveals familiar patterns. The 6-12 month holder cohort typically contributes less to profit-taking as cycles mature, which is happening now. As the rally extends, older LTH segments increasingly dominate selling, suggesting we're entering the top formation phase of this cycle.

Here's the Analysis of #MAGIC :

#MAGIC is been going through the retracement phrase after the strong up move. Now its retracing the and nearly to the support zone of $0.123 - $0.133. Price is moving on a small channel pattern and a breakout will lead in strong buys indication, and you can take buys in retest.

#BTC gave a shallow break and moving sideways, in a very tight area, also price is in-between of the large range and need to see some breakout. We already mentioned the war situation might lead to some worse conditions in the market.

#TOTAL UPDATE :

#TOTAL gave a very strong breakout, and gave a sideways move, we saw the impact in the market, and now we need to see some sort of breakout to happen, then we can decide.

Excluding the 6-12 month cohort from LTH realized profit better reveals seasoned investor impact by removing Q1 2025 top buyers with limited gains and focusing on >12-month holders with deeper profit margins.

When isolating >12-month holder profits, the current wave's significance becomes clearer. This conviction-driven cohort is now taking profits at scale—behavior typically signaling bull trend maturity or exhaustion. This aligns with CBD Heatmap findings showing older investors driving recent selling pressure, reinforcing that LTHs are increasingly active in this top formation phase.

Here's the Analysis of #ALT :

#ALT is been in a large consolidation range and rejected hard from the resistance area of $0.044 - $0.045. Now its heading towards the support at $0.022 - 0.024 and nothing much, you can take short selling in LTF targeting the support.

#BITCOIN DAILY TF UPDATE :

#BITCOIN on Daily TF, sustained itself from the resistance area, and kept on dropping after a proper retest. Candle closing are strong and reached 50% of the consolidation range. Price can easily drop more due to fundamental news activity.

#KNC reached the support zone slowly with time, and now getting a tiny bit of rejection but not enough for buys. Look for additional confirmation for buys, else a close below we can look down for short-sells.