BTC Buyer Face Greater Difficulty as Fed Third Interest Rate Cut Fail to Stimulate Buying
$BTC remains weak despite the Federal Reserve third consecutive interest rate cut, with onchain data suggesting the market has yet to reach it maximum pain point.
š¹ The Fed cut interest rates by 25 basis points to 3.5%ā3.75%. Notably, a dissenting official pushed for a deeper cut of 50 basis points, indicating internal debate.
šø Trader actual losses are currently at -18%. Historically, the bottom of major cycles is marked by actual losses reaching -37%. We haven't reached that level yet.
š¹ Short term investors STH are selling as prices fall, while long term investor continue to accumulate, creating a stalemate
