#以太坊交易量飙升 *Is the maximum fluctuation of Bitcoin still to come? NUPL data shows "not over yet!"*

*Cycle signals, hidden momentum, and tremendous upside potential...*
*NUPL: The Unsung Hero of On-Chain Metrics?*
Unrealized net profit/loss (NUPL) once again proves its value - it accurately identified the cycle top in November 2021 and the brutal bottom in November 2022. Unlike lagging technical indicators, NUPL leads the narrative.
*Current stage: Mid-cycle? Or launch pad?*
We are now in the late mid-stage—according to NUPL, this is the area where Bitcoin typically transitions from "strong hands accumulating" to "parabolic madness beginning." History also supports this.
*The cycle top has not been reached yet!*
NUPL has not yet broken through the euphoric top threshold. This is important because in every previous cycle, whenever this gap shrank to the current level, it was followed by explosive rebounds.
*Data is speaking - will the market listen?*
When the crowd hesitates and emotions remain lukewarm, the on-chain truth reveals an impending market surge. NUPL whispers a secret that technology cannot shout — the top has not yet arrived.
*Why this is important now: "Cautious Bull Market" is the fuel for the flame*
The market does not surge when everyone is feeling excited. They explode when smart money is heavily betting while others are skeptical. Now:
- Price Fluctuation = Bullish
- On-chain = Undervalued
- Emotion = Doubt
Translation: The perfect storm of the next round of increase.
*Don't miss this signal — NUPL stands on the side of history!*
If history is our teacher, then NUPL is the cheat code. This exact phase—this exact setup—has appeared before the biggest surge in Bitcoin. The question is not whether BTC will rise… but how high it will go when it does.
*Final Thoughts: What if this is the last decline before $100K+?*
Think about it. Every cycle has a moment where one feels "buying was too late but selling was too early." NUPL indicates that we are not done yet - not even close.
Is your position correct? Or will you become someone who chases green candles later? #Simple Earn APY Breaks 24% #Gate Launchpad List IKA #ETH Trading Volume Surges
*Stay alert. Stay data-driven. The next wave may shock everyone.*