😱 Bitcoin's Swim in the Red: A Tsunami of Patience? 😱

In the land of digital gold, moderate losses are the new black, yet no stampede is seen among the faithful.
As the price takes a 17% dive, the silent majority continues to hoard and accumulate, as if nothing has changed.

In this grand narrative of cryptocurrency, Bitcoin [BTC] has stepped into a quiet corner, a consolidation phase where the feverish excitement cools without a full-blown crisis.

On the chain of digital destiny, a tale unfolds of modest defeats, the fading glow of high-profit tokens, and the slow rise of those in the middle ranks.

Glassnode, the all-seeing eye, has spoken: a significant chunk of Bitcoin now rests in the hands of those with a taste for moderate unrealized losses in the year of our lord, 2025.

Swimming in the red—but staying afloat, like a buoyant rubber duck

Coins now populate the loss bracket of -23.6% to -10% like fish in an ever-widening pond, up 7.75% this year. Meanwhile, the high-flyers (40–60% profit) take a 3.57% dive, and the mid-range dreamers (20–40%) climb by 3.45%.

This grand reshuffling suggests a migration from the gilded towers of high-profit to the more modest abodes of mid-range, a sign of a market cooling its heels without so much as a hint of a frenzied exit.

But lo! There is more to this tale than meets the eye, for pressure builds in the shadows.

The pressure mounts, like a teapot about to boil

Short-term holders, the fickle friends of Bitcoin acquired within a mere 155 days, find themselves in a pickle. Over 2.8 million BTC from this group wallow in the depths of unrealized losses, a sorry sight indeed.

And yet, most stand resolute, holding firm to their sinking ships rather than casting them adrift.

The average purchase price for these short-term sojourners hovers near $92,500—a line in the sand which Bitcoin dances perilously close to, teetering on the brink of a critical resistance threshold.

CryptoVizArt, the seer of Glassnode, has marked the $90K–$93K range as a treacherous supply zone, where the brave and the foolish may meet their fate.

This zone is a veritable dragon’s lair, for those who entered at these lofty heights may turn tail and sell should prices revisit the $90K–$93K realm. Beyond this, a path to glory awaits, while below, the consolidating saga continues.

But some are simply… waiting, like a cat before a mouse hole

Not all hands are quick to fold in this grand game of patience.

The Mean Dollar Invested Age of Bitcoin has swelled from 418 to 432 days, a silent testament to the age-old coins that lie dormant, biding their time—a sign of accumulation in the face of distribution.

Price falls, but Bitcoin HODLing stays strong, like a fortress in a storm

As Bitcoin’s price tumbled from the heights of $101,403 to the depths of $84,330, the MDIA, that steadfast metric, continued its ascent.

This curious divergence is a mirror to the soul of the long-term holder, brimming with a confidence that defies the volatility of the times, hinting at a silent accumulation phase.

Now, let us turn our gaze to another beacon of truth. The MVRV Long/Short Difference, which charts the profitability of holders, has seen a dramatic fall from 22.12% to a mere 6.59%.

This 70% plunge is a somber reminder that even the mightiest of long-term holders can lose their luster, yet sentiment remains unshaken. And this is but one calm signal amidst the storm.

Whales watching, not dumping, like spectators at a chess match

Data from CryptoQuant paints a picture of tranquility, as the Exchange Whale Ratio floats above 0.50 throughout the month of March.

Peaks on the 14th and the 20th of March coincided with Bitcoin’s stabilization near $84,000 and its subsequent bounce to $88,200—a dance of the whales amidst low volatility, yet without the feared sell-off.

Bitcoin is in a cooling phase, not a breakdown, a quiet lull before the next great upheaval.

Metrics from all corners point to a steady accumulation, shrinking short-term profits, and long-term holdings that lie dormant, waiting. Resistance looms near $90K-$93K; support crouches at $87K-$89K.

2025-03-26 21:17

😱 Bitcoin’s Swim in the Red: A Tsunami of Patience? 😱

Swimming in the red—but staying afloat, like a buoyant rubber duck

The pressure mounts, like a teapot about to boil

But some are simply… waiting, like a cat before a mouse hole

Price falls, but Bitcoin HODLing stays strong, like a fortress in a storm

Whales watching, not dumping, like spectators at a chess match

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