Short-Term Bitcoin Holders Face Deep Losses – Early Bear Market Conditions Emerging?
The post Short-Term Bitcoin Holders Face Deep Losses – Early Bear Market Conditions Emerging? appeared on BitcoinEthereumNews.com.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is trading at a critical juncture after several days of consolidation, ranging between $83,000 and $86,000. Despite brief attempts to break out, the price continues to stall, with neither bulls nor bears able to take full control. This indecision reflects the broader uncertainty gripping global financial markets as macroeconomic tensions, including the ongoing trade conflict between the US and China, keep investors on edge. With no clear catalyst in sight, Bitcoin remains directionless, stuck below key moving averages and unable to reclaim the $90,000 level that many view as the threshold for a confirmed uptrend. At the same time, strong support around $81,000 has held so far, suggesting that long-term holders still provide a strong base of conviction. According to Glassnode, unrealized losses normalized by percentage drawdown reveal that Short-Term Holders are already carrying significant losses—levels that resemble early bear market conditions in previous cycles. This data point suggests a fragile market structure where further downside pressure could trigger broader capitulation, or, conversely, a sharp rebound if sentiment shifts. For now, Bitcoin’s price remains compressed, and traders are watching closely for the breakout that will define the next major move. Bitcoin Consolidation Continues Amid Volatility And Uncertainty Bitcoin has entered a consolidation phase after enduring weeks of prolonged selling pressure and heightened volatility. The broader macroeconomic landscape remains hostile, with global tensions deepening as US President Donald Trump continues to escalate his trade war with China. Although a 90-day tariff pause was announced last week for all countries except China, the move has done little to calm investor fears. The standoff between the world’s two largest economies continues to influence risk appetite, dragging on traditional markets and crypto alike. On-chain data from Glassnode reveals that Bitcoin’s…
Filed under: News - @ April 19, 2025 10:12 pm