Bitcoin's Net Unrealized Profit (NUP) metric has decreased to 0.476, signaling a potential short-term market bottom. This decline, reported by CoinCare and CryptoQuant, suggests reduced selling pressure. Historically, a NUP below 0.5 has been linked to market troughs, with similar dips in the current cycle often preceding price increases. Traders are now monitoring macroeconomic factors to gauge the next market direction.