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Analyst Axel: The peak of profit-taking by investors may indicate that the bull run trend continues.
[Coin World] According to analyst Axel's post on social media, the realized net profit and loss chart clearly shows that during price pump phases, investors will experience significant profit-taking peaks. Before the price enters a deep pullback, we are likely to see one or two more waves of profit-taking. Each wave of profit-taking will be accompanied by short-term pullbacks and consolidations, but as long as the realized net profit peak does not exceed the previous extreme value or is of a comparable scale, the bull run trend will remain intact. Ideally, these healthy pullbacks will cool the market from an overheated state, thereby extending the upward trend.