CryptoQuant: Bitcoin Bull Market Momentum Shows Signs of Cooling

Bitcoin remains in a bull market, but CryptoQuant reports that on-chain data indicates slowing momentum and increased selling pressure. Short-term holder profit margins have reached 33%, leading to significant profit-taking, with 25,700 BTC realized in gains on September 22. Additionally, altcoin exchange inflows have hit their highest levels since October 2025, while spot and futures demand has weakened. Despite these cooling signals, Bitcoin holds above key support levels, including its 365-day moving average near $80,000.