Long-term Bitcoin investors have seen their selling pressure significantly weaken since July of this year. What is the hidden message behind this signal? Data shows that a large number of holders have exited around the $100,000 price range—this cost basis is very important. Bitcoin has now retraced about 30%, which actually reduces selling pressure. Why? It's simple—those who haven't exited are truly long-term holders who are mentally prepared. Instead of cutting losses at low levels, it's better to wait for the next bull cycle and seize the opportunity for Bitcoin to hit new highs. This strategic mindset is becoming the mainstream voice in the market.
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NFTArtisanHQ
· 10h ago
ngl the cost basis narrative here is kinda reductive... like you're treating hodlers as this monolithic entity when really what we're seeing is a darwinian selection process disguised as conviction. the ones left are either true believers or just trapped in their own sunk cost fallacy theater. what's the actual signal here tho—diamond hands or just no exit liquidity at lower levels?
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AirdropHarvester
· 10h ago
The smart people who escaped at 100,000 now see that we're still holding on tightly, haha
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airdrop_huntress
· 10h ago
I'm not out, holding firmly with iron blood, anyway I don't lack this little money
Waiting for the bull market to be over, cutting losses at low levels is the real fool
I didn't sell during that 100,000 wave, now it's even easier haha
What does the weakening selling pressure indicate? It shows that true believers are still here, and the chives have long run away
This wave I bet on a new high, losing is just paying tuition
If you're still struggling with stop-loss, it means you don't really believe in Bitcoin
True holders don't pay attention to short-term fluctuations, their mindset is about the same
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CryptoTherapist
· 10h ago
ngl, this "psychological preparation" narrative is just copium wearing a meditation robe. the real trauma happened at 100k—those paper hands already processed their grief. what we're seeing now isn't zen hodling, it's learned helplessness masquerading as conviction. 🧠
Long-term Bitcoin investors have seen their selling pressure significantly weaken since July of this year. What is the hidden message behind this signal? Data shows that a large number of holders have exited around the $100,000 price range—this cost basis is very important. Bitcoin has now retraced about 30%, which actually reduces selling pressure. Why? It's simple—those who haven't exited are truly long-term holders who are mentally prepared. Instead of cutting losses at low levels, it's better to wait for the next bull cycle and seize the opportunity for Bitcoin to hit new highs. This strategic mindset is becoming the mainstream voice in the market.