Short-term Bitcoin holders are showing signs of profiting off recent price increases, with their unrealized profits reaching 10% – a level that has historically coincided with market sell-offs. This rise brings to mind similar patterns observed when profit levels reached 15%, triggering significant dumps in the past. 131.8K has emerged as a pivotal price point for traders and investors alike, acting as both a potential upside target and a psychological trigger for selling pressure. 10% unrealized profits are causing cautious optimism, with market watchers closely eyeing $131.8K as an important inflection point in the market’s trajectory. If Bitcoin prices near this level, short-term holders could take profit, leading to a temporary drop in price. This behavior is typical for bull cycles as short-term holders tend to seek quick profits and exit at significant gains. As such, caution is warranted given the current profit levels.