Data: Bitcoin NUPL 100-day moving average approaches the zero line, which may become a key indicator for determining the bottom of this cycle

By: rootdata|2026/07/08 02:42:08
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According to the analyst thechessONCHAIN on CryptoQuant, Bitcoin's NUPL (Net Unrealized Profit/Loss) is currently 0.158, with its 100-day exponential moving average at 0.215 and the 30-day exponential moving average at 0.155.

On June 2, the 30-day moving average has crossed below the 100-day moving average, indicating a weakening market momentum, but both are currently still above the zero axis.

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