BTC - we are in the "No One Buy" zone

BTC-we-are-in-the-No-One-Buy-zone

This on-chain data represents the percentage of Bitcoin purchases from 1 week to 1 month(short-term).

the longer the market falls, the less short-term buying.

And finally, the market reaches "No One Buy" zone as now. it's because people who said they would buy when the BTC price falls, there are not many people who actually buy when the price falls for a long time.
and then, the BTC rises.

Since many indicators and data says the market is in the bottom, I would like to say Case 1 should be more reasonable.

Let's say, in case market goes to Case 2, a lot of people will be panic and sell BTC. Do you actually have confidence to buy BTC at that time?

I know it's hard but, you should have behavior the opposite with general people to be successful in this market.