Bitcoin’s Puell Multiple Signals Miner Pressure and Accumula

Bitcoin’s Puell Multiple remains in the discount zone, highlighting ongoing miner pressure and presenting historically favorable conditions for accumulation. This metric, which compares daily coin issuance to its one-year moving average, suggests that miners are under financial stress, potentially leading to increased selling pressure. Despite this, the current levels are often seen as attractive entry points for long-term investors, although the broader bearish trend in the market may persist.