Millions of coins are sitting deep in the red.
But here's what most people are missing:
Realized Loss remains surprisingly low.
That means holders are feeling the pain... but they're not panic-selling.
The market is stressed.
Fear is everywhere.
Yet the capitulation everyone expects hasn't arrived.
This is where trends are born.
If Realized Loss suddenly spikes, we could see one final shakeout.
But until then, the message is simple:
The crowd is hurting, but conviction is still alive.
Weak hands are waiting.
Strong hands are accumulating.
The question is:
Are you surrendering your coins...
Or preparing for the next move? ๐
#BTC #bitcoin #crypto #BTC70Kโ๏ธ
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