According to Glassnode
“At $96,000, nearly 99% of investors who bought Bitcoin within the past 155 days are now holding at a loss.”
This means almost all short-term investors are currently underwater. In other words, the market hasn’t seen a clear uptrend recently to even classify the current phase as a full downtrend.
This often aligns with a psychological bottom. Historically, strong STH capitulation tends to occur near major recovery zones.
Stay calm, everyone 💪
#Fualnguyen #BNBholic #Asterians
BTC
64,033.39
-1.02%
Perp
97,196.3
-3.86%
BNB
583.56
-2.15%
Perp
931.15
-2.23%
ASTER
0.694
-1.42%
Perp
1.1153
+5.1%