BTC traders are bleeding badly right now. On-chain data shows they've been sitting in 20%–25% losses for two weeks straight—textbook capitulation territory if you ask me. When you see this kind of sustained pain across the board, it usually means weak hands are getting shaken out. The numbers don't lie: this level of realized losses hasn't been this consistent in a while, and it's painting a pretty grim picture of where we are in the cycle. Whether this marks a bottom or just another leg down is anyone's guess, but one thing's clear—conviction is being tested hard.
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SandwichVictim
· 12-04 16:31
Damn, this wave of panic selling... do we still have to keep going?
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RamenDeFiSurvivor
· 12-02 21:35
Wait a minute, is this really the bottom? I'm a bit anxious looking at the data.
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LayerZeroJunkie
· 12-02 21:33
Oh no, it's that time to test our mentality again, the weak hands should be exiting now.
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A 20-25% loss in two weeks? What does that indicate? Those who should have cut loss have already done so, and those left are a bit more stable.
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The bottom signals are still showing a big dump, who can say for sure... anyway, I won't be moving.
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This kind of sustained realized loss has never been so intense before, it feels like it will get even worse.
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The chosen ones should be buying the dip now, I'll just hold on and wait for the wind to come.
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Weak hands are selling off, strong hands are accumulating, this routine happens every cycle... it's so annoying.
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The conviction test is like this, let's see who can last until the end and laugh.
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Everyone is bleeding like this, the bottom should be near, right...? Should be, right?
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Charts and such are unreliable; it relies on whether you can withstand the psychological pressure.
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When you're really desperate, that's often the opportunity, but it's easier said than done.
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SerumSqueezer
· 12-02 21:24
Oh no, this wave really played people for suckers hard, with a loss of over 20 points in two weeks... suckers should exit now, right?
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MetamaskMechanic
· 12-02 21:22
20% loss in two weeks? I'm just waiting for this Cut Loss drama to come to an end.
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It's the same old "weak hands out" saying, I've heard it every round.
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This data looks like it's brewing a Rebound, can't hold it any longer.
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Is the bottom still going to fall? Honestly, who the hell can be sure?
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Conviction has been tested to the point of collapse.
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After losing so much in two weeks, I'm even thinking about buying the dip.
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Here we go again with on-chain data, feels like I've gone numb listening to it.
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When can we see a V-shaped recovery? This continued bleeding is really unbearable.
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There are quite a few people who got shaken out like this, it's too real.
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alpha_leaker
· 12-02 21:06
A 20% fall for two consecutive weeks, this knife has really been sharpened well.
BTC traders are bleeding badly right now. On-chain data shows they've been sitting in 20%–25% losses for two weeks straight—textbook capitulation territory if you ask me. When you see this kind of sustained pain across the board, it usually means weak hands are getting shaken out. The numbers don't lie: this level of realized losses hasn't been this consistent in a while, and it's painting a pretty grim picture of where we are in the cycle. Whether this marks a bottom or just another leg down is anyone's guess, but one thing's clear—conviction is being tested hard.