$BTC Short-Term Holders Under Pressure

STH MVRV deep in the red (~-12.6%) → short-term holders are capitulating

Price trading below STH Realized Price = panic & forced selling

Red bars expanding = realized losses accelerating

When short-term holders bleed, smart money watches.

Historically, this zone often marks late-stage corrections before volatility expansion

As long as STH MVRV < 1.0 → downside risk & choppy price action remain

But once losses peak and selling exhausts… reversal setups emerge fast

Fear is visible. Liquidity is tested. This is where trends are born not where retail feels safe.