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

BTC
BTC
90,385.61
-0.01%

Perp

97,196.3

-3.86%

$BNB

BNB
BNB
877.54
+0.70%

Perp

931.15

-2.23%

$ASTER

ASTERBSC
ASTER
0.938
+0.53%

Perp

1.1153

+5.1%