Инвесторы готовятся к возможному развороту рынка биткоина на фоне завершающихся панических продаж Translation: Investors Brace for Potential Bitcoin Market Reversal Amidst Fading Panic Selling

Investors who purchased Bitcoin over the past six months have sustained losses that are nearing 13%. This figure historically indicates capitulation and suggests a peak in panic selling, according to analysts at CryptoQuant.

Following a price drop below $98,401, many short-term holders started to realize their losses en masse.

«This has created a self-perpetuating cycle of fear and selling, typical of the final phase of a sharp correction,» highlighted the analysts.

They believe that this stressful period is characterized by a market cleansing of «weak hands» and is connected to the formation of a local bottom.

«Statistically, when a cohort of short-term holders incurs losses of this magnitude, it indicates that panic selling has peaked,» the experts concluded.

At Santiment, they noted a «critical shift» in social media sentiments amid the cryptocurrency’s decline to $95,000. Discussions around «buying the dip» sharply diminished, which analysts view as a potential sign of reaching a bottom.

However, they identified overly optimistic sentiments suggesting that «things can only get better» as a «warning signal.»

«True market bottoms rarely occur when the crowd confidently predicts the lowest point. Typically, they form when everyone agrees that prices are likely to fall significantly further,» emphasized the specialists from the analytical platform.

Experts from Swissblock observed an increase in the dominance of stablecoins relative to Bitcoin, which suggests that capital is not exiting the market but rather entering a wait-and-see phase—what they term classic accumulation of «dry powder.»

«There’s still no panic rotation out of Bitcoin,» the analysts stated.

CryptoQuant confirmed that over the past month, reserves in stablecoins on Binance alone have risen by $5.76 billion.

«This indicates that traders are moving funds to the exchange for buying or trading,» the experts pointed out.

It is worth noting that based on three key metrics for institutional investors, analyst Axel Adler has suggested a potential correction of Bitcoin to $74,000.