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BTC Rebound Stalls as Weekly Losses reach $793M

Profit still struggles to establish itself sustainably across the market. Contrary to what many may think, a healthy market is one where investors both hold and realize profits, without reaching an extreme of course. In that environment, participants feel confident holding gains while remaining eager to capture more upside. That is not what we are seeing today. After spending nearly the entire year realizing losses, investors had only recently started to lock in some profits again as BTC continued its rebound. Weekly net realized profit turned positive on April 9, indicating that the market was realizing more profits than losses, but that phase ended just two weeks later. As a result, the market is now showing $793 million in realized losses (7DMA), versus $571 million in realized profits. This points to a market that remains fragile and unstable, where investors still appear reluctant or unable to position with conviction for the longer term. The percentage of supply in profit now stands at 64%, still too low a level to suggest a stronger and more resilient market structure.