Data: Short-term Bitcoin holders are facing losses, and the market may enter a reset phase
ChainCatcher message, Glassnode posted data on social media indicating that the Bitcoin short-term holder NUPL (Net Unrealized Profit/Loss) metric has entered the loss zone, suggesting that recent buyers are under pressure. Historically, the capitulation events of short-term holders often signal the market entering a reset phase, which typically lays the groundwork for a new round of asset accumulation.
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