Joao Wedson: Expenditure on the Bitcoin chain is still profitable and SOPR has not yet sent a signal to see the increase

According to Analyst Joao Wedson, expenditures on the Bitcoa chain are still in a profitable position and no large-scale loss transfer similar to that of 2022 has occurred in the current cycle. SoPR trend signals do not currently generate a rising signal, and Joao Wedson tends to be patient before confirming the start of the cattle market。