Bitcoin buying interest was insufficient, and short-term traders' unrealized profits fell to 8.1%.

CryptoQuant's weekly report shows insufficient buying pressure in the Bitcoin market, with on-chain metrics measuring demand remaining negative for 12 consecutive days as of October 25th. In the first 25 days of October, the Bitcoin price on Coinbase consistently lagged behind Binance, reflecting weak buying in the US market. The average unrealized profit for those holding Bitcoin for 1 to 3 months narrowed from 33.4% on September 22nd to 8.1% on October 26th. CryptoQuant's bullish rating is 60 points, with 6 out of 10 indicators remaining bullish, indicating the current bull market is cooling down.