TechFlow reported, according to Glassnode data, the Bitcoin profitability stress ratio has currently reached 0.23, the highest level since last September. This metric measures the relative size of supply currently in loss and reflects market stress conditions.
Glassnode noted that historically, levels above 0.2 on this indicator typically mark periods of intensifying market stress. If this value continues to rise, it could signal further increasing market pressure, potentially reinforcing a broader shift in market sentiment.





