CryptoQuant: BTC market risks remain high, with only 24% of circulating supply currently in an unrealized loss state

CryptoQuant analyst Crazzyblockk pointed out that despite the Bitcoin price correction, market risks remain high. Currently, only 24% of the circulating supply is in an unrealized loss state, indicating that the market has not yet entered a stage of high confidence re accumulation. Long term holders absorbing downward pressure usually indicate long-term consolidation or further volatility. It is recommended to remain cautious and wait for market structure and investor behavior to confirm direction before making a decision.