CryptoMediaClub
Sunday, July 6, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Analysis

Navigating Bitcoin’s sideways trend with realized loss momentum

30.08.2023
A A
0
130
VIEWS
ShareShare

The crypto market witnessed a tumultuous sell-off, pushing Bitcoin’s price to $25,000. While the price has slightly recovered in the past week, stabilizing around $25,900 over the weekend, it remains in a precarious position. Several on-chain metrics suggest that Bitcoin might be trapped in a phase of sideways movement in the upcoming weeks. One such metric is the realized profit/loss momentum, an innovative indicator recently introduced by Glassnode.

The metric is designed to identify significant market turning points, such as peaks or troughs in market trends. The metric is derived from the Short-Term Holder (STH) Realized Profit/Loss Ratio, which is then compared to its one-year moving average.

Short-term holders play a pivotal role in the market dynamics. They are typically active throughout market cycles and are statistically more likely to react to market volatility. This is because recent transactions or coin acquisitions are likely influenced by recency bias regarding the coin’s cost basis. Therefore, any price movement above or below this level is more likely to prompt a response.

Moreover, market extremes often lead to wealth being transferred, resulting in an increased proportion of wealth held by STHs. Monitoring the momentum shifts for STHs realizing profit or loss can signal potential inflection points in macro market trends.

The momentum of short-term holders’ realized profit/loss ratio suggests that short-term holders have seen a decline in profit dominance since January. The brief surge to over $30,000 in June led to a minor spike in profit-taking momentum. However, this uptrend was short-lived.

STH realized loss momentum ytd
Graph showing the STH realized profit/loss momentum YTD (Source: Glassnode)

Soon after, the realized profit dominance began its rapid descent, transitioning to a loss-dominant regime on Aug. 17, correlating with Bitcoin’s drop to $26,000. By Aug. 24, the momentum plummeted to its lowest in a year, still entrenched in a loss-dominant phase.

STH realized loss momentum 1mo
Graph showing the STH realized profit/loss momentum from July 28 to Aug. 28 (Source: Glassnode)

Historically, surges in realized loss momentum following periods of significant profit-taking momentum have spanned several months. During market rallies, realized profit accelerates as STHs that recently acquired coins enter a profit phase. Conversely, market corrections lead to an acceleration in realized loss, pushing STHs who recently acquired coins into a loss, inducing panic.

STH realized loss momentum 2016 2023
Graph showing the STH realized profit/loss momentum from 2016 to 2023 (Source: Glassnode)

Based on the historical data and current trends, Bitcoin could potentially face a volatile few weeks if it follows historical patterns. The sustained decline in profit dominance, coupled with the recent sell-off, could make for a choppy September.

The post Navigating Bitcoin’s sideways trend with realized loss momentum appeared first on CryptoSlate.

Share10Tweet6ShareSharePin2

Related Posts

XRP Ledger logs 34% in RWA monthly growth, eyes bigger boost from Mercado Bitcoin partnership
Analysis

XRP Ledger logs 34% in RWA monthly growth, eyes bigger boost from Mercado Bitcoin partnership

04.07.2025
0

XRP Ledger posted the second-largest 30-day increase in tokenized real-world assets (RWA), adding 34.6% to reach $157.4 million, data from...

Read moreDetails
Dormant Bitcoin holder moves $2 billion BTC from 2011 for potential 14,000,000% gain

Dormant Bitcoin holder moves $2 billion BTC from 2011 for potential 14,000,000% gain

04.07.2025
Why a handful of altcoins are surging over 30% as Bitcoin trends sideways

Why a handful of altcoins are surging over 30% as Bitcoin trends sideways

04.07.2025
Polymarket bettors forecast 75% chance Bitcoin reaches $120k in 2025 as prediction volume jumps 30%

Polymarket bettors forecast 75% chance Bitcoin reaches $120k in 2025 as prediction volume jumps 30%

04.07.2025
MARA’s $5.4B Bitcoin treasury grows to 50k BTC as miners adopt a HODL strategy

MARA’s $5.4B Bitcoin treasury grows to 50k BTC as miners adopt a HODL strategy

04.07.2025
Load More
Next Post
DCG reaches ‘agreement in principle’ with Genesis creditors, debtors

DCG reaches ‘agreement in principle’ with Genesis creditors, debtors

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Stablecoin Market Cap Hits New All-Time Low Following 18-Month Downtrend: Binance

2 years ago
Shiba Inu (SHIB) Receives Vital Alert from Prominent Japanese Exchange BitFlyer

Shiba Inu (SHIB) Receives Vital Alert from Prominent Japanese Exchange BitFlyer

2 years ago
Bitcoin Braces for Negative Impact as Rate Hikes Approach

Bitcoin Braces for Negative Impact as Rate Hikes Approach

2 years ago
Coinbase Faces $1B Lawsuit from BiT Global Over Wrapped Bitcoin (WBTC) Delisting

Coinbase Faces $1B Lawsuit from BiT Global Over Wrapped Bitcoin (WBTC) Delisting

7 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Abstract and K-Pop Agency Modhaus Partner to Give Fans a ‘Real Seat at the Table’

$8.6B Bitcoin Move Sparks Fears of Massive Hack: Coinbase’s Conor Grogan

XRP Price Prediction: Despite Recent Slip, Ripple’s Institutional Push Targets $10 – What to Watch

Ethereum Price Prediction: ETH Gains 4% This Week, Yet Golden Cross Flops – Is $3,000 Out of Reach?

Glassnode’s James Check Warns Bitcoin Treasury Boom Could Be Short-Lived

Crypto Traders on Alert as Sweden Expands Law to Seize Digital Assets

Trending

PEPE Whales Accumulate Amid Market Volatility: Is a 200x Rally Coming?
All news

PEPE Whales Accumulate Amid Market Volatility: Is a 200x Rally Coming?

06.07.2025
0

PEPE plunged 16.5% to $0.0000089 as whales quietly accumulated 303T tokens, a 3.95% spike that could hint...

Bitcoin Cash Futures Jump 24% as Active Addresses Hit Six-Year Low – Risk Ahead?

Bitcoin Cash Futures Jump 24% as Active Addresses Hit Six-Year Low – Risk Ahead?

06.07.2025
Bitcoin Price Prediction: Whispers of Satoshi After 80,000 BTC Move – Market Sentiment Shift?

Bitcoin Price Prediction: Whispers of Satoshi After 80,000 BTC Move – Market Sentiment Shift?

06.07.2025
Abstract and K-Pop Agency Modhaus Partner to Give Fans a ‘Real Seat at the Table’

Abstract and K-Pop Agency Modhaus Partner to Give Fans a ‘Real Seat at the Table’

06.07.2025
$8.6B Bitcoin Move Sparks Fears of Massive Hack: Coinbase’s Conor Grogan

$8.6B Bitcoin Move Sparks Fears of Massive Hack: Coinbase’s Conor Grogan

05.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz