Bitcoin's net profit and loss have been negative for five consecutive months, with core support in the $48000 to $56000 range

CryptoQuant analyst Axel Adler Jr. pointed out that Bitcoin has achieved net profit and loss (90 day MA) negative for five consecutive months, with a current reading of - $2032 million. The cost base of the holder group shows that the core support is in the range of $48000 to $56000. Among them, the cost of the giant whale is 48100 US dollars, the cost of the small address is 47800 US dollars, and the cost of the large wallet is 56500 US dollars, all of which are lower than the current price. Only the cost of the group of 100 to 1000 pieces is 65700 US dollars, which is in a loss state.