우민규 Woominkyu

Sellers in Control, Recent Buyers Underwater

The price line is green when buyers are stronger and red when sellers are stronger. It is based on who buys or sells at market price, and whose leveraged bets get wiped out. The colors follow the price closely. January's crash: red. August's rally: green. Since late October, the line has turned red again. Bottom chart: recent buyers' average cost The dashed line shows the average price paid by people who bought Bitcoin 1–3 months ago. It is now about $79.3K. Bitcoin closed at $74.8K on Nov 8, about 5.7% below that level. Most recent buyers are now at a loss. Why it matters When recent buyers are underwater, some may sell when price comes back to their cost, just to break even. That can make the $79K area harder to break. In 2026, price stayed below this line for months at a time (Feb–Apr, Jun–Aug) before reclaiming it. What to watch - The top chart turning green again (buyers back in control) - Price closing back above ~$79K (recent buyers back in profit) Both together would be a much better sign than either one alone.