#BTC# Bitcoin experienced a major rally, so what is expected now? Two analysis companies issued warnings!

After the price of Bitcoin reached an all-time high, two analysis companies issued warnings.
According to the latest data released by the cryptocurrency analysis firm Glassnode, there has been a sharp decline in the supply ratio between long-term investors (LTH) and short-term investors (STH) in the Bitcoin market.

Additionally, the 30-day percentage change metric has also shifted from the "accumulation" phase to the "selling" phase. This development is seen as an early signal that investors have started taking profits.

Glassnode stated, "The sudden drop in the supply ratio of long-term investors and the shift back to distribution in the 30-day change indicates that profit-taking has begun. After months of accumulation and price increase, this could be a sign of a potential trend change. This metric is essential for observing market reversals."
On the other hand, LD Capital founder Jack Yi also warned investors against excessive optimism in his social media post. Yi argued that leveraged positions should be reduced while the market is euphoric, stating, "Fear when others go crazy. During the peaks of FOMO, even low-rate borrowings should be reduced. The best hunter is the one who patiently waits for new opportunities. Caution should be exercised until the anticipated interest rate cuts in August and September become clear."
IT IS NOT INVESTMENT ADVICE