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

Almost one-third of the circulating Bitcoin (BTC) is currently in a loss position, raising concerns among investors. However, according to historical data, these levels often signal bottom points. CryptoQuant analysts draw attention to the increasing selling pressure in the Bitcoin market. According to the 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 impacted many investors.

Looking back at past periods, it can be seen that periods reaching these ratios are generally recorded as local bottoms in bull markets. Such loss levels often coincide with points where liquidity tightness occurs and selling pressure begins to decrease. As price pressure increases, investors' psychological resistance also weakens. Long-term investors tend to enter a profit protection mode, while new investors show a tendency to exit at breakeven levels when prices recover. This situation can cause short-term recoveries to turn into liquidity exits rather than a genuine rally.

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