📊 The level of supply in profit and in loss is now reaching levels typical of a true bear market. 🟢 Currently, around 11.2 million BTC remain in profit relative to their purchase price. This is not far from the lowest level of BTC in profit recorded during the previous bear market, which stood at 9 million BTC. 🔴 On the other hand, approximately 8.2 million BTC are now in loss. This is quite significant, considering that during the last bear market this figure reached about 10.6 million BTC. This suggests that the market is reaching a notable level of undervaluation, comparable to the conditions observed during the previous bear market.