CryptoQuant CEO: Current Bitcoin address return level is in the mid-cycle

Odaily News CryptoQuant CEO Ki Young Ju wrote that by combining the on-chain cost basis indicator, a Bitcoin cyclical buy/sell signal was created, which is triggered only 1-2 times per cycle. The on-chain realized price reveals the profitability of the wallet. The current Bitcoin wallet shows a +127% return, which is usually -24% at the low point of the cycle and 298% at the high point of the cycle. Preset alerts can be created for long-term traders based on these cycles.