POPA ReconAdding to the sell-side pressure from LTH loss realization, short-term holders who bought near the recent lows are now taking profit at…
Adding to the sell-side pressure from LTH loss realization, short-term holders who bought near the recent lows are now taking profit at volumes last seen close to the peak in May. Two forces anchoring the rally simultaneously: 1- Cycle-top buyers reducing losses into strength 2- Local-low buyers locking in gains. Both are selling into the same price recovery. 📉 http://glassno.de/btc-sth-realized-profit Quoting @CryptoVizArt: As price rallies toward $66k, LTH realized loss volume is spiking! Cycle-top buyers are using the relief rally as an exit opportunity, locking in losses at a smaller…
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