Short-term $BTC holder momentum is down about 24% year-over-year, and that kind of drop is usually where traders start making expensive mistakes.

When momentum fades like this, a lot of people either panic sell the dip or FOMO back in at the first bounce. Both reactions usually happen at the wrong time, especially when the market is still in the middle of a reset rather than a true bottom.

Right now the data shows short-term holder momentum sitting around -24% YoY. That means recent buyers are losing steam and activity from newer market participants is cooling off. Historically, this phase can drag on longer than traders expect, which is why chop and fake breakouts tend to trap people trying to time quick moves in $BTC or even majors like $ETH.

But here’s the important part: even with this deeper reset, the metric is still well above the extreme lows seen at previous cycle bottoms. In past bear market floors, short-term momentum collapsed much further before the real recovery started. So while the market is cooling, the data suggests we may not be at the kind of capitulation that usually marks a final bottom.

Are you treating this as a healthy reset for $BTC or the early stage of a bigger cooldown?

#Bitcoin #CryptoMarkets #BTC