Bitcoin losses go up, traders have struck! – Is it the worst to come?

• Bitcoin holders in the short term were faced with high losses, going beyond FTX levels, but without triggering a complete panic.
• Short -term BTC investors suffered prolonged losses, with market uncertainty, fueling prudence instead of capitulation.

Since the beginning of February, Bitcoin (BTC) traders have been quietly nurses, the current figures now exceeding chaos seen during the FTX accident and market correction in 2024.

Pain strikes the most difficult short -term investors, especially those who hold BTC for only 1 to 3 months.

While the uncertainty of the market continues to persist, this tendency to grow short -term investors’ losses could indicate a deeper change of feeling, suggesting that the worst is not yet to come or if we are simply stuck while waiting for an escape.

Pain, but not the capitulation

Bitcoin short -term holders are deeply in red, with them now sitting on the losses made worse than everything that is seen since the FTX implosion.

The graph shows the profit / loss margin plunging at -18.4%, strangely close to the levels of -18.9% of the end of 2022.

However, it is interesting to note that this does not start to panic in its own right. Although the market is bleeding, there are few signs of a massive exodus – just traders take their lips and await it.

The atmosphere? Less “go out now”, the more “it is worth it”.

Bitcoin: why this time is worse for short -term holders

Unlike the long -term Hodlers who have already resisted the bear cycles, the STH tends to enter the local peaks – just when the media threshing culminates.

While the BTC was flirting with summits around $ 84,000 in early March, many of these traders stood up, to be slowly bleeding rather than a dramatic accident.

It is the worst type of loss: dragged, gipating confidence and dark in the direction. The data show that this group now assumes the weight of losses made – a clear reminder that Fomo buyers are always learning the hard.

FTX echoes

The current reduction reflects the FTX accident in amplitude, but not in mood. At the time, losses were drawn by panic, contagion and liquidity of the disappearance.

Today, the markets hesitate, the liquidity is decent and BTC still holds above $ 80,000.

The pain, however, is real. Market observers are observing the models closely, and with the loss levels which now cross the correction of 2024, comparisons with November 2022 become more difficult to ignore.

If history rhymes, short -term capitulation could always hide just around the corner.