Online reports, CryptoQuant analyst Axel Adler Jr. A post on social media stated that whenever the currency price rises strongly, causing a large number of coins that were originally losing money to quickly turn into profits, the 30-day simple moving average (SMA) of the unspent transaction output (UTXO) profit-loss ratio will rise to above 200. The higher this indicator soars, the more likely the market will be to a stage of "overheating" or "releasing selling pressure". The market may still continue to hit new highs, but the "easy fuel" that drives the increase in the P & P ratio has basically been exhausted, and stronger price momentum or sharp fluctuations will be needed in the future to make the indicator rise again.