"One Third of Bitcoin is at a Loss: Is This the Beginning of an Uplift?"

Nearly a third of the circulating Bitcoin (BTC) is currently in a loss position, raising concerns among investors. However, according to historical data, these levels typically mark bottom points. CryptoQuant analysts point out that there is an increasing selling pressure in the Bitcoin market. According to analysts' data, more than 28% of the circulating Bitcoin supply is in a loss position. This situation indicates that the recent price declines have negatively affected many investors.

Looking at the past, it can be seen that periods when this ratio is reached are often recorded as local bottoms in bull markets. Such loss levels usually coincide with points where liquidity tightening occurs and selling pressure starts to decrease. As price pressure increases, investors' psychological resistance also weakens. Long-term investors tend to protect their profits, while new investors exhibit a tendency to exit at breakeven levels when prices recover. This situation can lead to short-term recoveries turning into a liquidity exit rather than a genuine uptrend.

The current market situation is, according to the CryptoQuant analyst, in a delicate balance between fear and patience. If selling pressure reaches a bottleneck, this may signal the beginning of a new accumulation phase. However, if investor confidence does not return, the current structure could break down, and the market may have entered the end of a bull cycle. Therefore, it is critical for investors to act carefully and consciously during this period.