BlockBeats news, on September 30, CryptoQuant analyst Axel Adler Jr. stated that BTC rose from approximately $76,000 to $87,000 between September 17 and 27, pushing the percentage of supply in profit from 65% to a peak of 73.8%; as of September 29, it declined to approximately 72%, still below the long-term average of 76%.
Meanwhile, the fast and slow lines of its Bitcoin Impulse Performance indicator both dropped to 0 on September 29–30, while BTC price remained around $83,000. Adler noted that momentum reaching zero suggests the current rally has temporarily lost direction, but a trend reversal is not yet confirmed; if the indicator falls further into negative territory and the proportion of profitable supply declines again, signs of market weakness will become significantly stronger.