lth

Are the cycles #Bitcoin still holding up like we're used to? 👀

Even though many have questioned the cyclical nature of BTC, the market hasn't debunked this pattern yet.
This suggests that the current bear market may not be too different from previous cycles.

📉 Historically, there's a common trait among all bear markets:
In the end, long-term holders (LTHs) face real pressure.

Currently:

LTH Realized Price is around $49,500

STH Realized Price is around $72,500

What does that mean?
This significant gap reflects a clear divide between the positions of seasoned investors and newcomers,
and often reveals where the psychological and financial pain points are within the market.

If the pressure continues, the most important question is not just:
Where is the price headed?
But: Who will bear the volatility more... long-term holders or short-term holders?

In these stages, the market isn't just testing prices...
It's also testing investor conviction. 🔍

What do you think, are we in the final exhaustion phase before a recovery, or does the bear market still have another chapter?
$BTC

#BTC #Bitcoin #Crypto #BinanceSquare #Trading #Investing #MarketAnalysis #OnChain #LTH #STH