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CryptoQuant analyst: Rising bitcoin supply in loss may indicate early stage of bear market

CryptoQuant analyst: Rising bitcoin supply in loss may indicate early stage of bear market

ChaincatcherChaincatcher2026/01/28 12:32
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ChainCatcher reported that CryptoQuant analyst Woominkyu stated that the market may be transitioning to a bear market structure, rather than experiencing a temporary pullback within a bull market trend. Bitcoin's Supply in Loss (SALL) has started to rise again. According to historical data, this shift marks the early stage of a bear market, when losses begin to spread—not only limited to short-term holders, but gradually affecting long-term participants as well.

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