Woofun AI data shows that active Bitcoin investors currently hold an average unrealized loss of approximately 20%, according to analyst Darkfost. This metric relies on the True Market Price indicator, which filters out long-term dormant BTC to reflect the cost basis of circulating supply.

The current True Market Price stands near $76,700, serving as a key resistance level. The Active Value to Investor Value Ratio sits at 0.8, indicating a valuation downtrend but remaining above the 0.5-0.6 extreme range seen in past bear markets. Institutional inflows have not disrupted this cyclical pattern.