Bitcoin Supply Balance Signals Major Bottom
- Supply Balance Phenomenon: As of June 2026, approximately 50.43% of Bitcoin supply is in profit while 49.56% is in loss, indicating a near-even split that suggests the market is at an inflection point, potentially foreshadowing future price movements.
- Historical Trend Comparison: During the 2021 peak, nearly 100% of supply was profitable, while the 2022 bear market pushed most holders into losses; the current supply balance aligns with historical cycles, hinting that a bottom may be forming.
- Market Sentiment Reset: The current 50/50 structure demonstrates market resilience, as long-term holders are not broadly exiting, which typically limits downside velocity and lays a foundation for potential price rebounds in the future.
- Future Uncertainty: Bitcoin's price is currently in a zone where both continuation and deeper correction are possible, and the evolution of supply distribution will determine the market's direction, necessitating close monitoring of subsequent data changes.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAJOR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, MAJOR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0172 | 0.025 | 0.0302 | 0.038 | 0.0432 | 0.051 | 0.0562 |
| Fibonacci | 0.025 | 0.03 | 0.0331 | 0.038 | 0.043 | 0.0461 | 0.051 |
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