🚨 BITCOIN SHORT-TERM HOLDERS DEEP IN THE RED

📊 Since Oct 30, $BTC has traded below the $104K short-term holder (STH) cost basis.$LINK

💥 This leaves recent buyers sitting on realized losses of ~12.6% on average.

📉 On-chain data shows STHs are selling into weakness, not strength.

🧱 Classic capitulation behavior from late-cycle entrants.$DOGE

🐋 Historically, prolonged STH losses tend to appear near local bottoms, as weak hands exit and stronger holders step in.

$XRP 📈 Once this supply is exhausted, downside pressure often eases.

🔥 Pain is concentrated among recent buyers.

🟠 Long-term holders remain largely in profit.

⚡ Capitulation still unfolding.

🚀 The next move depends on whether demand absorbs this forced selling.

#Square #Geopolitics #NOT

DOGE
DOGE
0.13114
+0.96%
XRP
XRP
1.9264
+1.98%
LINK
LINK
12.78
-0.39%