According to @glassnode, the percentage of Bitcoin (BTC) supply held in profit has stayed above 90% for over a month. This high proportion of profitable holders often increases the pressure to realize gains, which could impact short-term price action. The current +1 standard deviation of this metric is at 91%, identified as a critical level for traders to monitor. If the percent supply in profit falls below this threshold, it could indicate a stronger market reset, providing a potential signal for both short and long-term trading strategies. Source: @glassnode.