crypto sunmoon
Bitcoin's downtrend has just begun
Short-term holders' realized price acts as a very strong support and resistance line The trend is not easy to reverse, as selling pressure increases when bitcoin is close to break-even for losing investors, and buying pressure increases when bitcoin is close to break-even for profitable investors. The recent breakdown in the realized price of short-term holders has led to a downtrend, and the realized price of short-term holders is acting as strong resistance. The downtrend is likely to continue for some time, so those who buy early are likely to lose money.