Bitcoin Exits ‘Panic Zone,’ But Capital Inflows Remain Weak
On-chain data shows Bitcoin network conditions have improved recently, but net capital inflows are still of a relatively weak order. Bitcoin Realized Cap Now Rising, But Only In A Slow Manner As pointed out by CryptoQuant author Axel Adler Jr in an X post, Bitcoin has exited from the “panic zone” on the Realized Profit/Loss Ratio. This on-chain indicator tells us, as its name suggests, whether BTC investors are selling their coins at a profit or loss. Related Reading: XRP Pulls Back, But TD Sequential Flashes Buy Signal Below is the chart shared by Adler Jr that shows how the 30-day moving average (MA) value of the metric has changed for Bitcoin over the past decade. As is visible in the graph, the 30-day SMA of the Bitcoin Realized P/L Ratio shot up to significant levels during 2025, suggesting investors were using the bullish momentum to take profits. The trend shifted in the last quarter of the year as the sector as a whole observed a downturn. After the drawdown extended in 2026, t