Bitcoin’s New Bullish Nature: Long Climb Without Sharp Surges

According to a new analysis, the character of the current crypto bull market has changed. Institutional participation is paving the way for a longer, more sustained period of growth at the expense of the explosive gains seen in past cycles. On-chain data analyst ‘Yonsei_dent’ of CryptoQuant argued Wednesday that key metrics show the market is maturing. He pointed to the Net Unrealized Profit/Loss (NUPL) indicator, explaining that it shifts toward “longer, more sustainable cycles” that may feature fewer sharp, short-term rallies that defined previous bull runs source: https://beincrypto.com/bitcoins-new-bullish-nature-long-climb-without-sharp-surges/