Analyst: The potential profit-taking pressure on Bitcoin is rising, and the market should be highly vigilant

Market analyst Ali posted on platform X that Bitcoin is currently showing signs of "overheating." Data indicates that the average realized profit margin for traders has risen to 17%, which means a large number of investors are in a significantly profitable position, and potential profit-taking pressure is increasing.

The last time a similar situation occurred was in March 2022, when Bitcoin was testing the resistance level of the 200-day moving average, and the average profit margin also reached 17%. Subsequently, the market formed a temporary top and re-entered a downtrend. This historical signal has appeared again, warranting high vigilance from the market.