Glassnode: Bitcoin short-term holders are experiencing losses, and the market may enter a reset phase.

BlockBeats news, on September 29, Glassnode released data on social media indicating that the Bitcoin short-term holder NUPL (Net Unrealized Profit/Loss ratio) indicator has entered the loss zone, suggesting that investors who bought recently are under pressure. Historically, capitulation events among short-term holders often signify a market reset phase, usually laying the groundwork for a new round of asset accumulation.

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