IT Tech
Bitcoin Short-Term Holders are capitulating.
The chart highlights Realized Profit and Loss for Short-Term Holders (STH = coin held <155 days). The deep red bars confirm heavy selling at a significant loss. We are witnessing a spike in realized losses (marked by '?') comparable to the major corrections seen in 2021 and mid-2024 (Points 1-4). Key Level: The price is currently below the STH Realized Price $109.2k (blue dotted line). Conclusion: STHs are panic-selling underwater, signaling potential capitulation. This often marks a local bottom if the price quickly reclaims the cost basis. Failing to do so historically indicates a deeper bearish trend or confirms a bear market.