Source text: Bitcoin's bull market continues, but analysts caution about potential overheating due to elevated supply in profit and liquidation pressures. The Supply in Profit metric has decreased to 91% from nearly 100%, approaching the +1 standard deviation band, which is historically associated with euphoric market conditions. CryptoQuant analyst Yonsei_dent suggests that corrections near the +0.4 SD band often present attractive buying opportunities. Additionally, Axel Adler Jr reports ongoing long position liquidations with net liquidations around −$40 million, though no significant cascade risk is evident. Despite these challenges, Bitcoin remains resilient above $100,000, reflecting a mixed market outlook amid volatility since late 2023. Target language code: pt Translation instructions: This is the news article content. Please maintain the original meaning.