Most people who bought $BTC near the cycle top have spent 70% of the past year selling at a loss.
That’s the trap with relief rallies: they feel like recovery, but for trapped buyers they often become an exit door. If you FOMO into every green candle without checking who’s selling into you, you can end up providing liquidity for someone else’s escape.
On-chain behavior suggests weak hands have been using bounces to cut losses, while stronger holders keep absorbing that supply. In plain English: price can rise short-term even while underwater buyers are dumping, because long-term buyers are quietly taking the other side.
This matters for $BTC, but it also spills into majors like $ETH and $BNB. When Bitcoin rallies on shaky holder confidence, altcoins can look strong for a while, then get hit harder if the move fails. The warning sign isn’t just price going up. It’s who is selling while price goes up.
Are we watching real accumulation here, or just another relief rally getting sold into?
#Bitcoin #CryptoTrading #OnChainData
That’s the trap with relief rallies: they feel like recovery, but for trapped buyers they often become an exit door. If you FOMO into every green candle without checking who’s selling into you, you can end up providing liquidity for someone else’s escape.
On-chain behavior suggests weak hands have been using bounces to cut losses, while stronger holders keep absorbing that supply. In plain English: price can rise short-term even while underwater buyers are dumping, because long-term buyers are quietly taking the other side.
This matters for $BTC, but it also spills into majors like $ETH and $BNB. When Bitcoin rallies on shaky holder confidence, altcoins can look strong for a while, then get hit harder if the move fails. The warning sign isn’t just price going up. It’s who is selling while price goes up.
Are we watching real accumulation here, or just another relief rally getting sold into?
#Bitcoin #CryptoTrading #OnChainData