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.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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.