news 
All Short-Term Bitcoin Holders Are Now Underwater: Analysts
In a stark assessment of the current state of the Bitcoin market, analysts have revealed that all short-term holders are now underwater. This grim reality has left many investors reeling as their holdings have turned into losses.
According to analysis from 21st Capital co-founder Sina, any individual who purchased Bitcoin this year or is considered a short-term holder is currently facing significant pain. The data suggests that even the smallest accumulation zone around the current price was at $98,000 for the staggering amount of 245,000 BTC. This painful reality has left many in deep financial distress.
“Short-term holders are in extreme pain,” observed Sina. “It’s a harsh truth that no one wants to face.”
The situation has become increasingly dire as Bitcoin’s correction stands at approximately 32% from its peak price on January 20, aligning with corrections seen in previous bull market cycles.
Moreover, the asset is showing signs of recovery, having tapped $80,000 during Tuesday morning’s Asian trading session. However, it remains uncertain whether this level will hold amid growing concerns over potential tariffs and their impact on global markets.
As Bitcoin continues to defy expectations, analysts warn that any short-term holder who has purchased the cryptocurrency in recent months is now underwater.
Source: https://cryptopotato.com/all-short-term-bitcoin-holders-are-now-underwater-analysts/
