Bitcoin Long-Term Holders in 14% Loss 📉 Is the bottom really in?

Summary 📝
The unrealized loss of long-term holders has hit 14% of the total market cap, the highest since 2023. 📊
However, in previous cycles, the bottom was only formed when this metric reached around 70%. 📉
While BTC rebounded to 73k, the high burden of loss among holders suggests structural weakness may still exist. ⚠️
Crypto Market Impact 💥
Listen up guys 📢 Don't get too excited about the recent 73k bounce just yet. On-chain data from Glassnode shows that long-term holders are starting to feel the pain, with 14% of the market cap in unrealized losses.
But here is the catch: historically, we haven't seen a "true bottom" until that pain gets much worse, hitting nearly 70%. 😱 This means we could be in a tricky spot where short-term rallies happen while the overall structure stays weak.
I’m staying prudent. 🧠 I’ll keep stacking my 0.1% gains and let the market decide its next big move. Don't let FOMO cloud your judgment when the big players are still underwater. 🟠 💰
#btc #eth