6.3 Million BTC Are Below Real Value, Is the Market Repeating the Pattern of 2022?
💰 Currently, about 6.3 million BTC are trading below their real value, with most falling into the loss range of -10% to -23.6%.
The distribution of this loss looks very similar to the short-term sideways market phase in Q1/2022, instead of the deep capitulation pattern that usually occurs at the bottom of a cycle.
✏️ Therefore,
The actual price of active investors: $88k6
Average market price: $82k
could become the decisive boundary.
❓ If maintained, the market is likely just in a phase of light adjustment.
⚠️ But if this entire area is broken, the price structure could shift to a deeper downtrend, similar to the 2022–2023 downtrend cycle.
However, there are still some good coins that remain strong even though BTC dropped $ASTER $STRK $ZEC
Therefore, the market is currently very different
