As Bitcoin markets fail to improve, analysts have been looking into the behavior of the different investor cohorts in the market.<\/p>\n
\u201cOne of the cornerstone cohorts in this framework is long-term holders (LTH), known to be less sensitive to short-term price fluctuations,\u201d said CryptoQuant analyst \u2018Darkfost\u2019 on Tuesday.<\/p>\n
Currently, long-term holders are sitting on an average profit of roughly 74%, but this profit margin continues to decline as the price moves closer to the LTH cost basis, currently estimated at around $38,900, they said.<\/p>\n
The analyst looked at historical cycles, noting that each bear market has been characterized by price breaking below this cost basis, \u201ctriggering a final capitulation phase marked by realized losses of around 20%.\u201d<\/p>\n
Only when this happens, and markets begin to recover and enter a bull phase, the analyst noted.<\/p>\n
BTC Drifting Toward the LTH Pain Point<\/p>\n
\u201cLooking at historical precedent, each bear market has been characterized by price breaking below this cost basis, triggering a final capitulation phase marked by realized losses of ~20%.\u201d \u2013 By @Darkfost_Coc<\/a> pic.twitter.com\/c50CHSzEBU<\/a><\/p>\n \u2014 CryptoQuant.com (@cryptoquant_com) February 24, 2026<\/a><\/p>\n\n Glassnode reported on Tuesday that the 90-day moving average of the Realized Profit\/Loss Ratio has now fallen<\/a> below 1, \u201cconfirming a full transition into an excess loss-realization regime.\u201d\u00a0The analysis echoes that of Darkfost: historically, these bearish conditions persist for at least 6 months before liquidity returns to markets.<\/p>\n Meanwhile, analyst James Check said<\/a> that Bitcoin has almost printed five consecutive red monthly candles, \u201cfollowing the largest volatility spike of the cycle.\u201d<\/p>\n He also observed that 1-week realised volatility spiked above 150%, \u201ca level typically seen around capitulation events,\u201d weekly RSI is at one of the \u201cmost oversold readings in Bitcoin\u2019s history,\u201d and around $70 billion of BTC has migrated to new hands in the $60,000 to $70,000 range this year.<\/p>\n Bitcoin supply in loss just hit 10 million coins, the fourth-highest reading ever, observed<\/a> analyst James Van Straten, who added that the circulating supply hits 20 million BTC next week, and 50% is in loss.<\/p>\n \u201cHistory suggests that\u2019s enough capital destruction for a bear market bottom,\u201d he said.<\/p>\n There was a minor rebound during early trading in Asia on Wednesday morning, with BTC adding $2,000 to reclaim $66,000. However, the move does not appear to be natural, and bearish sentiment remains dominant.<\/p>\n Moreover, the move has formed another lower high with $60,000 still serving as support for lower lows.<\/p>\n The post Bitcoin Drifting Toward the Long-Term Holder Pain Point: Analysts<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" As Bitcoin markets fail to improve, analysts have been looking into the behavior of the different investor cohorts in the market. \u201cOne of the cornerstone cohorts in this framework is long-term holders (LTH), known to be less sensitive to short-term price fluctuations,\u201d said CryptoQuant analyst \u2018Darkfost\u2019 on Tuesday. Currently, long-term holders are sitting on an […]<\/p>\n","protected":false},"author":0,"featured_media":137850,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-137849","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/137849"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=137849"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/137849\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/137850"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=137849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=137849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=137849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Bitcoin Sees Small Rebound<\/h2>\n