This is exactly where coins change hands in Bitcoin.

When short-term holders accumulate substantial losses, the pressure to sell immediately is high.

These holders are impatient and insecure.

That’s why, when we move above the historical median of losses accumulated by STHs, we see local capitulations.

This is also where influencers and onlookers tend to become pessimistic.

Waiting for “I’ll buy lower.”

Which may never happen.

Stick to the plan.